2019 Employment Insurance Premium Rate Change

With Canadian unemployment near a 40-year low, the Minister of Finance just announced the lowest EI premium rate since 1980. In 2019, the employee EI premium will be $1.62 per $100 of insurable earnings, which is a decrease of 4 cents from the current rate. For the majority of Canadian workers, this will be the lowest rate they have paid since entering the workforce.

For more, please read the official announcement.

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