The Canada Employment Insurance Commission announced the following rates for 2024:
-
Maximum insurable earnings will increase from $61,500 to $63,200
-
EI premium rate will increase from 1.63 percent to 1.66 percent outside of Quebec
-
In Quebec, the EI premium rate will increase from 1.27 percent to 1.32 percent.
Employer EI Reduced Rates
|
2024 Reduced EI Premium Rates |
|||
|
Category 1 |
Category 2 |
Category 3 |
Category 4 |
|
Multiple |
Multiple |
Multiple |
Multiple |
|
1.263 |
1.175 |
1.177 |
1.155 |
Employer EI Reduced Rates (within Quebec)
|
Category 1 |
Category 2 |
Category 3 |
Category 4 |
|
Multiple |
Multiple |
Multiple |
Multiple |
|
1.228 |
1.116 |
1.119 |
1.092 |