Payroll Taxes Have Increased Three Times Since the Beginning of the Pandemic CANADA – Political pundits are twisting themselves into pretzels arguing mandatory Canada Pension Plan and Employment Insurance payments are not a tax. They’re missing the point: the government is taking too much money from Canadians. If you make $65,000 this year, then the federal government is taking nearly $4,500 directly from your pay through CPP and EI taxes. Every employer must also cough up an extra $4,800.