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EI Premium Rates

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Canada Pension Plan (CPP), Québec Pension Plan (QPP)  and Employment Insurance (EI) - > EI rates

Employment Insurance (EI) premium rates

Year 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
maximum insurable earnings $48,600 $47,400 $45,900 $44,200 $43,200 $42,300 $41,100 $40,000 $39,000 $39,000 $39,000
basic exemption nil nil nil nil nil nil nil nil nil nil nil
employee rate 1.88% 1.88% 1.83% 1.78% 1.73% 1.73% 1.73% 1.80% 1.87% 1.95% 1.98%
employee maximum $913.68 $891.12 $839.97 $786.76 $747.36 $731.79 $711.03 $720.00 $729.30 $760.50 $772.20
employer rate 2.632% 2.632% 2.562% 2.492% 2.422% 2.422% 2.422% 2.52% 2.618% 2.73% 2.772%
employer maximum $1,279.15 $1,247.57 $1,175.96 $1,101.46 $1,046.30 $1,024.51 $995.44 $1,008.00 $1,021.02 $1,064.70 $1,081.08
self-employed rate 1.88% 1.88% 1.83% 1.78% 1.73% n/a n/a n/a n/a n/a n/a
EI clawback threshold (1) $60,750 $59,250 $57,375 $55,250 $54,000 $52,875 $51,375 $50,000 $48,750 $48,750 $48,750

(1) EI clawback threshold is 1.25 x maximum insurable earnings

A September 2013 Department of Finance announcement indicated  that the EI premium rate would be frozen at the 2013 level of 1.88% for 2014, and would not increase for 2015 or 2016.  The rates are normally set by the Canada Employment Insurance Financing Board (CEIFB), and rates for the coming year are normally announced in mid-November.  A new rate-setting mechanism, which will set the EI premium rate annually at a seven-year break-even rate, will take effect in 2017.

Self-employed persons who opt into the Employment Insurance program will pay the employee rate, and are eligible only for special benefits.  The annual self-employment income required to qualify for special benefits will increase to $6,222 on January 1, 2012, up from $6,000.  See our article on employment insurance for the self-employed.

EI premiums are not payable in some employment situations.  See our article Who has to pay EI premiums?

Premium rates for earlier years can be found on the Canada Revenue Agency (CRA) web page EI premium rates and maximums.

For more information on the EI clawback, see our article EI benefit repayment (EI clawback).

For EI premium tables for calculating payroll deductions, see the CRA publication T4032 Payroll Deduction Tables.  See the Human Resources and Skills Development Canada web  page Annual Reports on the EI Premium Rate and Maximum Insurable Earnings for more information on how the rates and insurable earnings levels are calculated.

Québec Employment Insurance Rates

Québec rates (see note)                  2014 2013 2012 2011 2010 2009 2008 2007 2006
maximum insurable earnings $48,600 $47,400 $45,900 $44,200 $43,200 $42,300 $41,100 $40,000 $39,000
basic exemption nil nil nil nil nil nil nil nil nil
employee rate 1.53% 1.52% 1.47% 1.41% 1.36% 1.38% 1.39% 1.46% 1.53%
employee maximum $743.58 $720.48 $674.73 $623.22 $587.52 $583.74 $571.29 $584.00 $596.70
employer rate 2.14% 2.13% 2.06% 1.97% 1.90% 1.93% 1.95% 2.04% 2.14%
employer maximum $1,041.01 $1,008.67 $944.62 $872.51 $822.53 $817.24 $799.81 $817.60 $835.38

Note:   Québec started providing their own parental benefits beginning January 1, 2006, so their EI rates are lower.  See the article on the Québec Parental Insurance Plan.

 

Revised: October 19, 2013

 

 

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