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Canada: Employment insurance (EI) premium rates, to decrease for 2020

Canada: Employment insurance (EI) premium rates

The Canada Employment Insurance Commission announced that the employment insurance (EI) premium rates for employees will decrease in 2020.


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Federal rates will decrease to $1.58* (from $1.62) per $100 of insurable earnings in 2020. Accordingly, the maximum insurable earnings for 2020 will increase to $54,200 (from $53,100).

Read a September 2019 report prepared by the KPMG member firm in Canada

*$ = Canadian dollar

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