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.
If you have any questions or difficulties with the EI Application online, please call our telephone information service at 1-800-206-7218 from 8:30 am to 4:30 pm and press "0" to talk to a representative. Date modified: 2021-08-12. Answers to questions most often asked on Employment Insurance on-line application.
Nov 1, 2024 · EI Payment Dates In 2024 . Unlike many Canadian financial support programs that pay beneficiaries at scheduled dates, the Canada EI payment dates differ for each individual. This program pays you on a consistent interval of two weeks, starting from when you receive your first payment, instead of following specific dates on a calendar.
Receiving Employment Insurance (EI) benefits and severance pay in Ontario has tax implications. EI benefits are taxable income, meaning they are subject to federal and Ontario taxes. You’ll receive a T4E slip from Service Canada for the EI benefits received, which must be reported on your income tax return.
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.
People also ask
How much will I receive if I apply for Employment Insurance?
How much employment insurance do you get per week?
How long can you get paid from EI?
How are EI benefits calculated?
When will I receive a payment from EI?
How do I qualify for unemployment benefits?
Next Steps. 1. Figure out if you can get Regular EI Benefits 2. Get your record of employment from your employer 3. Figure out how much you can get 4. Apply for EI benefits 5. Find out if you qualify for assistance from Ontario Works. You can usually get EI regular benefits for between 14 and 45 weeks. This depends on the unemployment rate in ...