How much will my CPP go up in 2026?

CPP payments rise 2.0% for January through December 2026. Multiply your December 2025 amount by 1.02 to estimate your new monthly deposit. For example, $1,000 becomes about $1,020, and $750 becomes roughly $765. The increase is automatic, and no new application is required.

When is the first higher 2026 CPP payment?

The first higher deposit is scheduled for January 28, 2026. After that, one payment is generally issued each month, typically late in the month. Always confirm exact dates in your My Service Canada Account and verify your bank’s posting times to avoid timing issues with bills.

Will the 2.0% increase affect my taxes or GIS?

CPP is taxable, so a higher annual total can change your final tax owing. Adjust your CPP tax withholding if needed. A small 2.0% rise may slightly affect GIS if your net income crosses a threshold. Review your projected 2026 income to keep benefits and credits on track.

How do I align CPP with OAS deposits in 2026?

List both deposit dates, then schedule rent, utilities, and insurance to fall after those days. Keep a small cash buffer for weekends or holidays that can shift posting times. Review OAS quarterly since its rate can change during the year, while CPP stays fixed at the 2026 adjusted level.

Does this change apply to QPP in Quebec?

Quebec’s QPP is separate from CPP, though it also indexes to inflation. The 2.0% figure and federal dates apply to CPP. Quebec residents should check Retraite Québec for the official 2026 indexation rate and the payment calendar, which may differ from the federal CPP schedule.

Global Market Insights

December 27: 2026 CPP Payments Get 2% Indexation, Dates Confirmed

ByHuzaifa Zahoor December 28, 2025December 28, 2025

Service Canada confirmed a 2.0% CPI adjustment for 2026 CPP payments, with the first higher deposit arriving on January 28, 2026. This update gives retirees and planners clear cash flow for the year. We break down how the increase works, what the schedule means, and how to align it with OAS. Use this guide to update budgets, tax estimates, and automatic bill payments so your retirement income plan stays on track in Canadian dollars.