Search results
For most people, the basic rate for calculating Employment Insurance (EI) benefits is 55% of their average insurable weekly earnings, up to a maximum amount. As of January 1, 2024, the maximum yearly insurable earnings amount is $63,200. This means that you can receive a maximum amount of $668 per week. Insurable earnings include most of the ...
Employment Insurance (EI) provides regular benefits to individuals who lose their jobs through no fault of their own (for example, due to shortage of work, or seasonal or mass lay-offs) and are available for and able to work, but can't find a job. Always apply for EI benefits as soon as you stop working. You can apply for benefits even if you ...
In addition, a uniform entrance requirement for EI regular benefits at 420 hours of insurable employment as of September 26, 2021 for a 1 year period provides a minimum entitlement of 14 weeks of regular benefits, up to a minimum entitlement of 26 weeks in EI economic regions with higher unemployment rates.
The duration and value of benefits will once again be calculated using regional unemployment rates that were temporarily replaced over the last year by a uniform unemployment rate of 13.1 per cent.
- It’s important to file your return. If you only have a small amount of income to report this year (or even none at all), you should still file a return.
- Many COVID-19 emergency benefits count as taxable income. Many Canadians relied on financial support from the Canada Emergency Response Benefit (CERB) and other COVID-19 emergency benefits when they were faced with sudden unemployment in 2020.
- You might have to pay tax on your Employment Insurance (EI) benefits. If you lost your job through no fault of your own (meaning you didn’t quit), you might have applied for Employment Insurance (EI) benefits as temporary financial support while you’re in between jobs.
- You can still claim the cost of your childcare expenses. Normally, you can’t claim childcare expenses unless you paid them in order to work or go to school.
Next Steps. 1. Figure out if you can get Regular EI Benefits2. Get your record of employment from your employer3. Figure out how much you can get4. Apply for EI benefits5. Find out if you qualify for assistance from Ontario Works. You might be able to get regular EI benefits if you've: lost your job through no fault of your own, and.
People also ask
Do I qualify for employment insurance if I am unemployed?
When does employment insurance start in 2021?
Can I get employment insurance if I don't get a job?
When does the weekly unemployment floor apply?
How many weeks are used to calculate unemployment benefits?
How much will I receive if I apply for Employment Insurance?
EI caregiving benefits provide up to 15 weeks of benefits for a sick adult or 35 weeks of benefits for a sick child. For EI regular benefits, the number of weeks of benefits depends on your accumulated hours of employment and the unemployment rate in your area. (More information on the number of weeks of benefits available to you can be found ...
