The Canada Pension Plan (CPP) maximum payment in 2025 is approximately $17,197 per year. If the CPP increases by 20%, this would mean an increase by about $3,439.40, resulting in a new maximum payment of approximately $20,636.40 per year. This calculation is based on the current CPP maximum annual payment of $17,197 in 2025, so a 20% increase means multiplying the current amount by 1.20:
17,197×1.20=20,636.4017,197\times 1.20=20,636.4017,197×1.20=20,636.40
Thus, the CPP maximum will increase by about $3,439.40 if the increase is 20% from the current 2025 maximum.
