You might notice a little more coming off of your paycheck now that we are in the New Year.

There is an increase to CPP in 2024, for those who make a middle-income wage, according to the Canadian Tax Payers Federation.

It’s for those who make at least $68, 500, which will be a $113 tax increase for both employers and workers, which is $3,867.

A second CPP tax is for those who make between $68,500 and $73,300, the tax increase will be $188.

If you make $73,200 or more, it will be an increase of $301 (CPP+CPP2), which is $4, 055.