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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 ...
EI regular benefits. 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.
The Employment Insurance (EI) program provides temporary income support to unemployed workers while they look for employment or to upgrade their skills. The EI program also provides special benefits to workers who take time off work due to specific life events: illness. pregnancy.
Jul 30, 2024 · The unemployment insurance program, also known as EI or employment insurance, compensates people who've lost their jobs. In the event of layoffs or unemployment, this insurance provides a temporary solution for qualifying candidates. Understanding how EI works can help you collect financial support if you lose your job until you find a new one.
EI – Regular Benefits. 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, seasonal or mass lay-offs) and are available for and able to work, but can't find a job. People are encouraged to file a claim as soon as they lose their job.
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Jan 4, 2023 · Employment Insurance (EI) is an unemployment insurance program in Canada that allows individuals who have recently lost a job to receive temporary financial assistance. Employment insurance can ...
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What is Employment Insurance (EI) & how does it work?
What is employment insurance & how does it work?
What is Employment Insurance (EI) in Canada?
What is unemployment insurance & how does it work?
What benefits does the EI program provide?
When should I apply for EI benefits?
Feb 7, 2006 · Employment Insurance. Employment Insurance (formerly Unemployment Insurance) is a government program that provides temporary benefit payments during a period of unemployment. The Employment Insurance (EI) program also provides illness, parental and caregiving benefits for persons who are away from work due to health and family-related reasons.
