Canada Employment Insurance Commission sets 2021 Rates

September 14, 2020 Gatineau, Quebec Employment and Social Development CanadaThe Canada Employment Insurance Commission (CEIC) today set the 2021 Employment Insurance (EI) premium rate at $1.58 per $100 of insurable earnings for employees and $2.21 for employers who pay 1.4 times the employee rate, which is unchanged from the 2020 premium rate.

Each year on or before September 14, the CEIC is responsible for setting the annual premium rate based on the seven-year break-even rate forecasted by the EI Senior Actuary. The News Release: Government of Canada announces plan to help support Canadians through the next phase of the recovery