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Government commitment
Completed - fully metStrong Middle ClassCycle 2015· status updated Mar 22, 2019

Reduce Employment Insurance (EI) premiums.

What success looks like

Employment Insurance (EI) premium rates have been reduced and a new, transparent EI premium rate setting process has been established so that revenues and costs remain in line over the long-term.

Government's narrative on progress

The Canada Employment Insurance Commission (EI Commission) assumed responsibility, for the first time, for setting the annual EI premium rate, beginning with the 2017 premium rate. The rate was lowered from $1.88 per $100 of insurable earnings in 2016 to $1.66 for 2018, reflecting important new supports for Canadian families and changing economic conditions. The 2019 EI premium rate has decreased to $1.62 in view of strong economic conditions and projections. This will be the lowest EI premium rate since 1980, and for most Canadian workers, the lowest they have paid since entering the workforce.

Note: this is the government's own description, not an independent assessment.

Source: Privy Council Office Mandate Letter Tracker on open.canada.ca. Commitment ID: 2015-140