Canadian Employment Insurance (EI) is a type of insurance run by the government that provides temporary financial assistance to people who have lost their jobs as a result of:
As soon as you start work in Canada, you should apply for Canadian Employment Insurance. Even if you do not yet have your Record of Employment (ROI), you may still apply for Employment Insurance.
Note: You can lose your Employment Insurance benefits, if you do not apply for EI for more than 4 weeks of unemployment.
You can apply for Employment Insurance online or at the closest Service Canada Centre. If you want to find the closest Service Canada Centre near you, you can use this link
To qualify for Canadian Employment Insurance (EI) you must meet the following requirements, you must have:
You cannot apply for Canadian Employment Insurance if you:
In general, the Canadian Employment Insurance will pay you out 55% of your weekly earning each week. You can receive a maximum yearly payout of C$51,300, which ends up as C$543 a week.
You can receive your Canadian Employment Insurance payments from 14 weeks up to 45 weeks. This depends on factors like:
Yes you do need to pay tax for your Canadian Employment Insurance, tax will automatically be removed from your weekly payout.