CPP Maximum 2009 | 2009 CPP Rates The CPP Rate, effective January 1, 2009, remain unchanged at 4.95% of pensionable earnings. The maximum CPP/QPP contribution is $2,118.60 for the 2009 taxation year. The basic exemption amount for 2009 remains $3,500. Individuals who earn less than that amount do not need to contribute to the CPP. [...]