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Reaching Your CPP Contribution Maximum: What Workers Need to Know

  Understanding when you’ve hit the Canada Pension Plan (CPP) maximum contribution for the year can save you confusion—and help you make sense of your paycheques as the year goes on. The CPP is designed with an annual limit, meaning once you’ve contributed the maximum required amount, no further CPP deductions should come off your income for the rest of that calendar year. How CPP Contributions Work CPP contributions are based on: Your employment income The year’s maximum pensionable earnings (YMPE) The CPP contribution rate Each year, the federal government sets: A maximum amount of income on which CPP contributions apply (the YMPE) The maximum total contribution you and your employer must make Once your income reaches that threshold, your contributions stop automatically. How to Know You’ve Reached the Maximum Here are the simplest ways to tell: Check your pay stub Your pay stub shows year‑to‑date CPP contributions. Compare this number to the annual maximum ...
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Finland Tops Happiness Rankings Again, While U.S. Faces Record Low

For the eighth consecutive year, Finland has been crowned the happiest country in the world, according to the 2025 World Happiness Report. The Nordic nation continues to lead the rankings, followed by Denmark, Iceland, and Sweden, which also secured top spots. The report, published by the Wellbeing Research Centre at the University of Oxford in collaboration with Gallup, evaluates countries based on factors such as social support, life expectancy, freedom, and generosity.

Finland's success is attributed to its strong social trust, robust public services, and a culture that values connection and well-being. Simple lifestyle elements, like sharing meals and having someone to rely on, play a significant role in fostering happiness.

Meanwhile, the United States has dropped to its lowest-ever position, ranking 24th. This decline is linked to increasing social isolation, with a notable rise in the number of people dining alone. Experts also point to growing political polarization and a sense of disconnection as contributing factors.

The report highlights that happiness is not solely tied to wealth but also to trust, community, and kindness. As Finland continues to set an example, the findings serve as a reminder of the importance of investing in social bonds and collective well-being.

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