New rules on Jan. 1, 2027 in Canada: EI, CPP, rent, housing

Canadian workers will pay a little more in Employment Insurance premiums and a little less into the Canada Pension Plan on Jan. 1, 2027, while rent limits, a new RRSP ceiling and the expiry of the federal foreign-buyer ban also take hold at the start of the year.

Updated Oct. 20, 2026. Figures below come from government announcements and the Canada Revenue Agency. Where a government has not published a number, this guide says so.

The changes below are the ones with a confirmed date or a published amount. Federal rules apply in every province and territory. Rent rules are set province by province, so they are laid out in a table.

Payroll deductions: EI up, CPP down

The EI premium rate for 2027 is $1.64 per $100 of insurable earnings, up from $1.63 in 2026, on earnings of up to $70,800, according to the Canada Employment Insurance Commission. The most an employee can pay is $1,161.12. Details are in our EI premiums explainer. Quebec workers pay a lower rate because the province runs its own parental insurance plan.

The base Canada Pension Plan contribution rate falls from 9.9 per cent to 9.5 per cent on Jan. 1, 2027. The Department of Finance said the cut was part of Bill C-30, which received royal assent on June 19, and the Spring Economic Update 2026 put the saving at about $133 a year for an employee earning $70,000. Our CPP rate cut article shows the arithmetic. The Canada Revenue Agency had not posted 2027 CPP earnings ceilings or maximum contributions when this guide was updated.

A worked example at $70,000 a year

An employee earning $70,000 pays EI on all of it, because the ceiling is $70,800. At $1.64 per $100 that is $1,148 in 2027, compared with $1,141 at this year’s $1.63, an increase of $7. The CPP cut saves about $133 on the same pay. Taken together, the two changes leave that worker roughly $126 better off over the year, before any change to income tax. That is the guide’s own arithmetic from the published rates, not a government estimate.

An employee earning $50,000 pays $820 in EI premiums in 2027, compared with $815 in 2026. The CPP saving at that pay is smaller, since the cut applies only to earnings above $3,500, and the government has not published a $50,000 figure.

RRSP and TFSA limits

The CRA set the RRSP dollar limit for 2027 at $35,390, up from $33,810 in 2026, according to its registered plan limits table. Your own room depends on your 2026 earnings and any workplace pension. The agency has not published a 2027 TFSA limit, so the current $7,000 stands for now. See our RRSP and TFSA limits article for a worked example.

Rent increase limits by province

Most provincial rent guidelines take effect on Jan. 1, 2027. Each figure below comes from the issuing government, and the links go to the source. Our 2027 rent increase limits article has the notice rules in full.

New Brunswick, Newfoundland and Labrador and the territories are not covered in the sources above, so check with the relevant government before relying on a figure.

A landlord in Ontario must give 90 days’ written notice, which for a Jan. 1 start fell on Oct. 3. A notice served now cannot take effect before about Jan. 11, 2027, by that count.

Minimum wage

None of the general minimum wage rates in our minimum wage table has a scheduled change on Jan. 1. The next listed changes are April 1, 2027, in Prince Edward Island, Nova Scotia and New Brunswick, and Oct. 1, 2027, in Ontario.

Foreign-buyer ban set to expire

The federal Prohibition on the Purchase of Residential Property by Non-Canadians Act is set to expire on Jan. 1, 2027, after a two-year extension announced in February 2024, according to a McCarthy Tétrault summary of that announcement. Housing Minister Gregor Robertson confirmed a federal review of the ban in December 2025, according to reporting published Aug. 12, 2026, which said nothing had been tabled to extend or replace it. We could not find a government announcement since then. Unless Parliament acts, the ban lapses. Provincial foreign-buyer taxes are separate and are not affected.

Statutory holidays in 2027

The 2027 holiday calendar differs by jurisdiction, and New Year’s Day falls on a Friday. Our 2027 statutory holidays guide lists each province and territory.

What is not yet confirmed

The CRA usually publishes the next year’s inflation indexation of tax brackets in the fall, and the TFSA limit is tied to that figure. Neither had been published at the time of writing. We will update this guide when they are.

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Sources: Canada Employment Insurance Commission; Department of Finance Canada; Canada Revenue Agency; Government of Ontario; Government of British Columbia; Manitoba Residential Tenancies Branch; P.E.I. Rental Office; Government of Nova Scotia; Alberta; Saskatchewan; Tribunal administratif du logement; McCarthy Tétrault.