Image source: Getty Images This year is the mid-point of phase one of the Canada Pension Plan (CPP) enhancements. It’s a crucial change for CPP pension users, as it affects paychecks again in 2021. The contribution amounts are higher due to the increase in contribution rates. CPP users must note that the enhancements are in two phases. The first phase is from 2019 to 2023. Thus, expect higher contribution rates in the next two years. After this year’s increase, the employee and employer contribution rates are 5.7% and 5.95%. Higher pay cut As a result of the higher $3,...