Cost Of Living Increase 2024 Canada Cpp Increase. Canadian seniors will get a 2.8 per cent boost in their monthly oas payments in july 2024, after adjusting for inflation. Learn how the cpp contribution rates and maximum pensionable earnings will change in 2024, and how this could affect your paycheque and retirement savings.

This ensures that the pension keeps up. Learn how the cpp enhancement affects your retirement, disability and survivor’s pension benefits, and how it increases your contributions.