Government help to help businesses and their workers - in response to question by a client - what does it all mean?

Helping Businesses Keep their Workers To support businesses that are facing revenue losses and to help prevent lay-offs, the government is proposing to provide eligible small employers a temporary wage subsidy for a period of three months. The subsidy will be equal to 10% of remuneration paid during that period, up to a maximum subsidy…

Harper Government Introduces Small Business Job Credit

New tax relief will save small businesses more than half a billion dollars over two years September 11, 2014 – Toronto, Ontario – Department of Finance Minister of Finance Joe Oliver today announced more action by the Harper Government to create jobs, growth and long-term prosperity: the introduction of the new Small Business Job Credit which is…

CPP/EI Explained

You will find the series of interpretive articles called “CPP/EI Explained”. These articles are intended to make workers and employers more aware of matters relating to the CPP and EI by providing them with information that is accessible and easy to understand. Topics Specific employments Determine if a worker is an employee or self-employed for specific…

EI premium rates and maximums

Federal EI premium rates and maximums Year Max. AnnualInsurableEarnings Rate (%) Max. AnnualEmployeePremium Max. AnnualEmployerPremium 2014 $48,600 1.88 $913.68 $1,279.15 2013 $47,400 1.88 $891.12 $1,247.57 2012 $45,900 1.83 $839.97 $1,175.96 2011 $44,200 1.78 $786.76 $1,101.46 2010 $43,200 1.73 $747.36 $1,046.30 2009 $42,300 1.73 $731.79 $1,024.51 2008 $41,100 1.73 $711.03 $995.44 2007 $40,000 1.80 $720.00 $1,008.00…

Harper Government Supports Job Creation with Three-Year Freeze of Employment Insurance Premium Rates

The Harper Government announced today that it will freeze the Employment Insurance (EI) premium rate for employees at the 2013 level of $1.88 per $100 of insurable earnings for 2014, and additionally that the rate will be set no higher than $1.88 for 2015 and 2016. “While Canada has seen steady job creation since the end…