Sentences with phrase «of employment insurance premiums»

This does not necessarily mean that low oil prices would guarantee a deficit, a government committed to balancing the books can ensure surpluses through spending deferrals or further raiding of Employment Insurance premiums, though those create their own problems.

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 Funds.

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.

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.

«The Company's employment practices liability insurance retention has grown to $ 1 million from $ 350,000, causing an unacceptable level of risk for the Company, and the premiums for this insurance are well outside of industry standards,» the letter said.

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 Budget.

By way of contrast, paying Employment Insurance premiums is a necessary (though not sufficient) condition for accessing Employment Insurance benefits.

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)

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.

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.

For example, the Public Accounts / Budget / Updates includes employment insurance program costs, as the government has full control over this program, determining the premium rates and eligibility and the amount of the benefits, whereas the Estimates excludes them, on the basis that they are included as part of a specified purpose account.

First, we questioned the calculation of the fiscal impact of the reductions to the employment insurance premium rates and feel that they were overstated.

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).

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).

This is what happened when unions launched a challenge over the fact that employment insurance premium revenues exceeded the cost of the employment insurance program.

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).

The Budget includes all expenses related to the Employment Insurance Operating Account on the basis that the government sets the premium rate, the eligibility criteria and the amount of the benefit.

Not only can improving your FICO credit score improve your chances of obtaining a mortgage, but it could improve your auto insurance premiums and, possibly, make you a more attractive employment candidate.

For 2011, the Minister of Finance rejected the recommendation of the Canada Employment Insurance Financing Board (CEIFB) to increase employment insurance (EI) premium rates by 15 cents (employee rate) but instead capped the increase tEmployment Insurance Financing Board (CEIFB) to increase employment insurance (EI) premium rates by 15 cents (employee rate) but instead capped the increase toInsurance Financing Board (CEIFB) to increase employment insurance (EI) premium rates by 15 cents (employee rate) but instead capped the increase temployment insurance (EI) premium rates by 15 cents (employee rate) but instead capped the increase toinsurance (EI) premium rates by 15 cents (employee rate) but instead capped the increase to 5 cents.

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.

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.

Liberals: Cut the middle income tax bracket from 22 % to 20.5 % for Canadians earning between $ 44,700 and $ 89,401 a year, amounting to savings of $ 670 a year (or $ 1,340 for a two - income household); create a new tax bracket of 33 % for those earning $ 200,000 a year or more; reduce Employment Insurance (EI) premiums to $ 1.65 per $ 100; have the Canada Revenue Agency (CRA) contact people who have tax benefits but aren't collecting them; cancel income splitting for families but keep it for seniors.

This law provides employees and their families the right to remain temporarily covered under an employer's health insurance plan at the group rate after termination of employment, provided the individual takes over payment of premiums.

Self - employed deductions for health insurance premiums, half of the Self - Employment Tax and traditional retirement plan contributions

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.

Sometimes, you may pay more than the maximum amount of CPP (Canada Pension Plan) or QPP (Quebec Pension Plan) and EI (Employment Insurance) premiums for the year.

Your credit score affects your life significantly - an excellent credit score can open many doors (better chance of getting loans, a good job, renting a house or paying less for insurance), and a poor credit score can hinder your possibilities of employment or make you pay higher insurance premiums or higher interest rates on your credit cards.

The Court referred to Bennett v. British Columbia, 2012 BCCA 115 (at paragraph 27), to support the principle that Weyerhaeuser's «communications constituted a promise or an offer to current employees that it would provide premium - free insurance on retirement if they should continue their employment until their retirement and should elect such coverage,» and that an employee's fulfilment of those conditions «would constitute an acceptance of the offer and would supply the necessary consideration to bring a contract into being.»

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

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 dollars.

Mr. Gibb notes that the plaintiff is only entitled under the provisions of the Insurance (Vehicle) Act, R.S.B.C. 1996, c. 231, to recover net past wage loss and that income tax contributions and Employment Insurance premiums are to be deducted from the gross earnings to determine net past wage loss.

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.

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.

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.

We are talking about three types of special employment insurance benefits for which these people paid premiums.

Insurers consider the applicant's age, health history (self and family), driving records, employment, hobbies, etc. while determining how to calculate the premium of life insurance.

This law provides employees and their families the right to remain temporarily covered under an employer's health insurance plan at the group rate after termination of employment, provided the individual takes over payment of premiums.

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

The amount of offenses you commit may also affect your employment status and raise your auto insurance premiums.

As an example, a home insurance monthly premium can double after a bankruptcy or loss of employment.