[Verse 1]
Working in Canada means contributions due
CPP applies when income flows through
Employment or self-employment pay
Canada Pension Plan comes into play
If you're self-employed, here's what you'll find
Both portions paid, employee and employer combined
[Chorus]
CPP for Canadian income earned
EI optional unless you've turned
Employee status at your corp
Then payroll deductions you can't ignore
Remember the rule, keep it in mind
CPP always, EI by design
[Verse 2]
Employment Insurance has different rules
Self-employed can opt in, it's one of the tools
But if you don't choose, no requirement stands
EI stays optional in your own hands
Canadian corporation employee though
Standard deductions through payroll will flow
[Chorus]
CPP for Canadian income earned
EI optional unless you've turned
Employee status at your corp
Then payroll deductions you can't ignore
Remember the rule, keep it in mind
CPP always, EI by design
[Bridge]
Self-employed means double CPP cost
Employee and employer, nothing's lost
But EI freedom unless you decide
To opt in and join the employee side
Corporate employee changes the game
Payroll deductions work just the same
[Chorus]
CPP for Canadian income earned
EI optional unless you've turned
Employee status at your corp
Then payroll deductions you can't ignore
Remember the rule, keep it in mind
CPP always, EI by design
[Outro]
Canadian income, contributions flow
CPP required, EI optional though
Unless employee status makes the call
Then payroll covers it all