The Government Published the Preliminary 2016 QPIP Rates

The government published the preliminary 2016 QPIP rates:

RATE 2016 2015
Maximum insurable earnings $71,500* $70,000
Employee contribution rate 0.548% 0.559%
Employer contribution rate 0.767% 0.782%
Self-Employed rate 0.973% 0.993%
Minimum insurable income $2,000 $2,000
Annual maximum employee contribution $391.82* $391.30
Annual maximum employer contribution $548.41* $547.40
Annual maximum self-employed contribution $695.70* $695.10

* Preliminary