CPP Is Changing January 1 — What Canadian Seniors Must Know (2027)

On January 1, 2027, the Canada Pension Plan changes in three ways — and every one touches your money. A contribution cut that became law in June, the January inflation increase on your CPP deposit, and a line in the latest actuarial report that sounds like bad news but isn't. In this video: ✔ The new CPP contribution rate (9.9% → 9.5%) and what it saves you ✔ How the January CPP increase is calculated (and why OAS moves differently) ✔ What a 2.6–2.7% increase means in real dollars ✔ Is CPP running out of money? What the actuarial report really says ✔ 3 things to do before December 31 (CPT30, Statement of Contributions, T4A(P)) ⏱ CHAPTERS 0:00 CPP changes on January 1 0:51 Change #1: The CPP contribution cut (Bill C-30) 3:00 Change #2: Your January CPP increase 3:14 How the increase is calculated (CPP vs OAS) 3:54 What it means in dollars 5:05 Change #3: The actuarial report explained 6:14 Canada vs the United States 6:39 The complete picture 7:14 3 things to do before December 31 8:10 Your T4A(P) tax slip 💬 Comment your province and the year you were born — I read every single one. 📌 Note: The January 2027 increase shown here is an estimate based on inflation data. Service Canada confirms the official figure in December. Always check your own numbers in your My Service Canada Account. ⚠️ This video is for general information only and is not financial, tax or legal advice. Speak with a qualified professional about your situation. #CPP #CanadaPensionPlan #CanadianSeniors