Sentences with phrase «in employment insurance premiums»

The budget not only included an increase in employment insurance premiums (increasing by $ 0.05 to $ 1.68 per every $ 100 of insurable earnings), but also included a proposal to allow parents to extend receipt of parental leave benefits for up to 18 months by spreading out the benefits they previously would have received during a 12 - month leave over an 18 - month period.

The budget not only included an increase in employment insurance premiums (increasing by $ 0.05 to $ 1.68 per every $ 100 of insurable earnings), but also included a proposal to... Continue Reading

Hunter countered by saying the introduction of the ORPP on Jan. 1 2017 coincides with the expected reduction in Employment Insurance premiums by the federal government.

A far bigger move is being championed by interim Liberal leader Bob Rae — encourage hiring, and forgo $ 1.2 billion in federal revenues, by cancelling the scheduled Jan. 1, 2012, increase in Employment Insurance premiums.

Plus, as a result of previously passed measures, automatic tax increases are scheduled in the years ahead — such as an extra $ 5 billion in Employment Insurance premiums to be collected annually until 2015.

Not exact matches

Small - business owner: To encourage the government to hire more Canadians as part of the Economic Action Plan, the budget proposes a hiring credit, which offers a one - year Employment Insurance break of up to $ 1,000 for firms with premiums below $ 10,001 in 2010.

And in 1997 CMHC lost money on its mortgage insurance business when claims outweighed premiums by $ 50 million due to a weak housing and employment market.

In fact, employment - based health insurance premiums rose by 4 percent this year.

About half of the year - over-year increase in budgetary revenues was attributable to higher personal income taxes, Goods and Services (GST) revenues and employment insurance (EI) premiums.

In this Update, the Minister of Finance again scooped the Canada Employment Insurance Financing Board (CEIFB) by announcing that the employee premium rate for 2012 would increase by 5 cents, rather than the 10 cents assumed in the June 2011 BudgeIn this Update, the Minister of Finance again scooped the Canada Employment Insurance Financing Board (CEIFB) by announcing that the employee premium rate for 2012 would increase by 5 cents, rather than the 10 cents assumed in the June 2011 Budgein the June 2011 Budget.

Employment insurance premium contributions declined $ 1.5 billion or -7.7 %, reflecting the decline in premium rates for 2017.

Employment insurance premium contributions declined $ 0.5 billion or 11 %, reflecting the decline in premium rates for 2017.

You have certain types of income (such as business or farm self - employment income; unreported tips; dividends on insurance policies that exceed the total of all net premiums you paid for the contract; or income received as a partner, a shareholder in an S corporation, or a beneficiary of an estate or trust)

Among the major revenue components, personal income taxes increased by $ 5.8 billion (primarily reflecting a 4.8 % increase in wages and salaries coupled with a progressive tax system), corporate income taxes were up $ 1.7 billion (corporate profits were up 15 % but the general tax rate declined from 18 % in 2010 to 16.5 % in 2011) and employment insurance (EI) premiums rose by $ 1.1 billion (both the EI rate and insurable earnings subject to the rate were higher).

In addition, the New Deomcratics do not include the various initiatives affecting Employment Insurance Benefits as a Use of Funds and the freezing of Employment Insurance premium rates at $ 1.88 per $ 100 of insurable earnings rather than letting them fall to $ 1.49, as specified in the April 2015 Budget, as a Source of FundIn addition, the New Deomcratics do not include the various initiatives affecting Employment Insurance Benefits as a Use of Funds and the freezing of Employment Insurance premium rates at $ 1.88 per $ 100 of insurable earnings rather than letting them fall to $ 1.49, as specified in the April 2015 Budget, as a Source of Fundin the April 2015 Budget, as a Source of Funds.

As well, Flaherty cut in half an Employment Insurance premium hike scheduled for Jan. 1, a move that will cost Ottawa $ 600 million a year, but will leave that cash in the pockets of workers and companies — a shift from deficit - shrinking austerity to stimulus.

This profile reflects in part the operations of the employment insurance (EI) program, with premium rates increasing to 2016 and falling thereafter, as the deficit in the EI Operating Account is «paid off».

The incremental fiscal stimulus of about $ 2 billion for increased employment insurance benefits and limiting the rate increase in EI premium rates to 5 cents in 2011 saved 5,000 jobs (no wonder increases in EI premium rates are called job killers).

In their 2015 election platform, the Trudeau Liberals identified a number of items related to Employment Insurance (EI) that they would change: reversing the Harper EI reforms defining «suitable work»; reducing the waiting period for EI benefits; reducing EI premiums; introducing more flexible parental leave; providing better access to compassionate care; and increasing funding for employment and training programs managed by provinces, territories and Aboriginal labour market orgaEmployment Insurance (EI) that they would change: reversing the Harper EI reforms defining «suitable work»; reducing the waiting period for EI benefits; reducing EI premiums; introducing more flexible parental leave; providing better access to compassionate care; and increasing funding for employment and training programs managed by provinces, territories and Aboriginal labour market orgaemployment and training programs managed by provinces, territories and Aboriginal labour market organizations.

However, as these higher expenses are financed by employee - employer premium rates, employment insurance premiums are higher than in the March 2011 Budget, especially in 2015 - 16.

The higher revenues primarily reflect higher employment insurance premium revenues in the short term and increased personal income tax revenues in the last two years of the forecast period.

Of the $ 3.2 billion year - over-year improvement, budgetary revenues were up by $ 3.9 billion, primarily due to higher personal income tax revenues (up $ 3.4 billion, reflecting increases in employment and average wages) and employment insurance premiums (up $ 1.6 billion reflecting higher premium rates and an increase in maximum insurable earnings).

Second, even the small amount in the «cookie jar» would not exist if the Finance Department had not continued to use higher - than - required employment insurance premiums to help generate the budgetary surpluses in 2015 - 16 and 2016 - 17.

In our previous submissions to the Minister, we recommended that the Canada Employment Insurance Financing Board be abolished (it has yet to set premium rates since its formation) and that premium rates be set over a five - year cycle.

Workers contribute directly to the plan and pay less in federal employment insurance premiums.

Employment insurance contributions were up $ 214 million or 1.5 %, reflecting increases in maximum insurable earnings and employment, as premium rates were Employment insurance contributions were up $ 214 million or 1.5 %, reflecting increases in maximum insurable earnings and employment, as premium rates were employment, as premium rates were unchanged.

Employment insurance premium revenues declined by $ 945 million (4.1 %), attributable to the decline in premium rates in 2017, from $ 1.88 per $ 100 of insurable earnings in 2016 to $ 1.63 in 2017 (employee rate).

The employer has an obligation to deduct Canada Pension Plan contributions (CPP), Employment Insurance premiums (EI) and income tax from remuneration paid in each pay period.

Dampening these increases were lower GST revenues, down 18.4 %, and lower employment insurance premiums, down 12.7 %, reflecting a decline in premium rates in 2017.

Employment insurance premium contributions declined $ 1.0 billion or 11.3 %, reflecting the decline in premium rates for 2017, compared to a decline of 4.9 % forecast in the 2017 Budget for the year as a whole.

The deterioration in the deficit primarily resulted from lower corporate income tax revenues, down 16.3 % (in part reflecting higher refunds), lower GST revenues, down 7.6 %, lower employment insurance premiums, down 12.5 % (reflecting a decline in EI rates effective January 2017), and higher other transfers and subsidies, up 38.0 % (reflecting the timing of payments related to recent budget proposals).

Employment insurance contributions were down $ 0.4 billion or 1.9 %, partially reflecting the decline in premium rates, effective January 1st, from $ 1.88 (employee rate) in 2016 to $ 1.63 for 2017.

Recent measures such as changes to the Canada Pension Plan, the rollback of planned cuts to Employment Insurance premiums, the introduction of carbon levies and cap - and - trade programs, and significant minimum wage hikes in Ontario and Alberta have a cumulative impact on investment returns and business competitiveness.

Employment Insurance (EI) premiums were up $ 1.0 billion over the first seven months, reflecting increases in the contribution rates (the employee premium rate increased from $ 1.83 per $ 100 of insurable earnings in 2012 to $ 1.88 in 2013 and 2014) and a 3.3 % increase in the base to which the premium rates apply.

Within budgetary revenues, gains were recorded in income taxes and employment insurance premiums, while declines were reported in sales and excise taxes / duties and other revenues.

Any reductions in employment insurance benefits would be offset by reductions in the premiums, thereby having no impact on the budgetary balance.

EI (Employment Insurance) Maximum for the Year 2010 Your rate of EI premiums (excluding employees working in the province of Quebec), for the 2010 taxation year remains at 1.73 % of insurable earnings.

Expected decreases in Employment Insurance and Workplace Safety and Insurance Board payroll premiums «further mitigate the short - term economic impact» of the Ontario Retirement Pension Plan.

For instance, slight reductions to Employment Insurance premiums ($ 0.31 per $ 100 insurable by 2017) mean there will be a bit more in Debbie's cheques every month, but not enough to make a big difference in monthly expenditures, says Heath.

In this case, the Court of Appeal overturned an order by Justice Scott K. Campbell of the Superior Court of Justice who had applied the well - known Weber principle, and determined that the essential character of the claim was the employer's alleged misappropriation of, or failure to account for, employment insurance premiums belonging to its employees.

The Ontario Court of Appeal found that the Employment Insurance Act provisions at play are employment related under section 48 (12 (j) of the Labour Relations Act, since under the scheme of the Employment Insurance Premium Reduction Program, the employer is obliged to remit to employees a share of the premium reduction in the form of cash or enhancedEmployment Insurance Act provisions at play are employment related under section 48 (12 (j) of the Labour Relations Act, since under the scheme of the Employment Insurance Premium Reduction Program, the employer is obliged to remit to employees a share of the premium reduction in the form of cash or enhancedemployment related under section 48 (12 (j) of the Labour Relations Act, since under the scheme of the Employment Insurance Premium Reduction Program, the employer is obliged to remit to employees a share of the premium reduction in the form of cash or enhancedEmployment Insurance Premium Reduction Program, the employer is obliged to remit to employees a share of the premium reduction in the form of cash or enhanced benefits.

In 1996, the premium - setting mechanism of the Employment Insurance Act was amended in a way that made possible the accumulation of surpluses totalling many billions of dollarIn 1996, the premium - setting mechanism of the Employment Insurance Act was amended in a way that made possible the accumulation of surpluses totalling many billions of dollarin a way that made possible the accumulation of surpluses totalling many billions of dollars.

To start with, ICBC is only required to pay you the net amount of your wage loss after factoring in your income tax obligations as well as your Employment Insurance premiums.

Commencing in 2017, the government will implement the seven - year break - even Employment Insurance premium rate - setting mechanism, which will ensure that EI premiums are no higher than needed to pay for the EI program over time.

With new and increased benefits, the government also said employment insurance premiums would increase slightly next year, to $ 1.69 per $ 100 of insurable earnings in 2018, up from $ 1.63 in 2017.

But in order to receive Employment Insurance, we need to pay premiums for a year beforehand, so the price of EI benefits adds up.

Adding points to your New Jersey driving record will not only result in a surcharge and a suspension, but it will also increase your insurance premiums and may affect your employment status.

Furthermore, incurring points from traffic violations can result in higher car insurance premiums and fewer driving employment opportunities for residents of New Mexico.

For Standard Life Provisions, the company offers Salary - based Benefit Schedules; Dependent Coverage; Waiver of Premium (in case employees become disabled and so that they can continue life insurance without any premium payments), Accelerated Death Benefits (for employees with a life expectancy of 12 months), Portability (for those who want to leave their employment), Conversion (for employees to convert term life insurance to a new policy), and Bereavement Counseling (for counseling services).

Accumulating any of these amounts of demerit points on your Alaska drivers license record will result in a suspension or revocation on your driver's license and may affect your employment status, as well as raise your insurance premiums.