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with this being the first official working day of 2024 were also looking at some of the big tax changes that are coming into effect this year they are going to affect short-term rentals the Canadian pension plan and more cbcs Scott Peterson has this report Canadians should get ready for a broad series of changes from federal provincial and Municipal governments getting into the new year and a lot of changes taxwise and otherwise took effect as of January 1st so this is a new reality for can adans and heres a partial list of what Canadians are going to be experiencing this year for example expect to pay more for your Canada pension plan contributions they will be increasing for the yearly uh total about $32 to now a new maximum of $4,000 $45.50 employers are also uh expected to match that dollar for dollar so an extra $32 for employers this is all to to beef up the CPP plan uh federally uh it also an interest rate on overdue taxes will increase to 10% from 9% this is a this is an ord
