In 2024, sessional allowances (salaries) were as follows:
- Prime Minister – $406,200
- Leader of the Opposition – $299,900
- Minister – $299,900
- Party leader – $271,700
- Backbenchers – $203,100
in accordance with the Parliament of Canada Act – Remuneration of Members of Parliament.
Extra pay for additional duties
Members who hold certain offices and positions are entitled to additional salaries in accordance with the Parliament of Canada Act. These salaries are paid as of the date of the Member’s appointment or election, depending on the requirements of the position.
- Presiding officers
- Speaker
- Parliamentary Secretary
- Leader of the Government
- Leader of the Opposition
- Deputy Leader of the Government
- Deputy Leader of the Opposition
- Government Whip
- Opposition Whip
- Deputy Government Whip
- Deputy Opposition Whip
- Members of National Security and Intelligence Committee of Parliamentarians
- etc.
Pay is adjusted annually based on private sector index
The sessional allowance and additional salaries are adjusted each year on April 1 based on the index of the average percentage increase in base-rate wages for a calendar year in Canada resulting from major settlements negotiated in the private sector.
The index referred to in paragraph 55.1(2)(b) and subsections 62.1(2), 62.2(2), 62.3(2) and (4) and 62.4(2) for a calendar year is the index of the average percentage increase in base-rate wages for the calendar year, resulting from major settlements negotiated with bargaining units of 500 or more employees in the private sector in Canada, as published by the Department of Employment and Social Development within three months after the end of that calendar year.
Section 67.1 of the Parliament of Canada Act
This index is published by Employment and Social Development Canada within three months following the end of each calendar year. The salaries are
rounded down to the nearest hundred dollars.
Pension
MPs must have served for at least 6 years to be entitled to a pension when they retire. MPs with fewer than 6 years of service receive their pension contributions back, plus interest. After January 1, 2016, an MP with 6 years of service may receive their pension at age 65. It is reduced by 1% for each year they retires before age 65.
Members of Parliament Pension Plan is governed by the Members of Parliament Retiring Allowances Act.
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