In this post we provide a quick synopsis of EI maximums and premium rates for 2021.
The federal government has announced changes to EI maximums and premium rates for 2021. These changes apply to regular EI benefits, not to special benefits related to COVID 19.
Maximum insurable earnings: $56,300
Premium rate per $100 of Insurance Earnings:
Employee $1.58
Employer contribution is equal to 1.4 times the employee premium
Maximum Annual contribution:
Employee $889.54
Employer $1,245.36
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