The formula for computing CPP Premiums to be deducted from an employee's weekly pay is (Gross Pay - 67.30) × 4.95%, subject to maximum premium per year.

Name: The formula for computing CPP Premiums to be deducted from an employee's weekly pay is (Gross Pay - 67.30) × 4.95%, subject to maximum premium per year.
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The formula for computing CPP premiums is indeed (Gross Pay - 67.30) × 4.95%, subject to a maximum premium per year.

The Formula for Computing CPP Premiums to Be Deducted from an Employee's