Ensure that Employment Insurance (EI) contributions are only used to fund EI programs.

What success looks like

Improved sustainability of the Employment Insurance (EI) program to ensure the program is available to Canadians when they need it.

Government's narrative on progress

The government ensures that Employment Insurance (EI) contributions are only used to fund EI programs. In April 2016, the seven-year break-even rate-setting mechanism came into force, ensuring that the EI Operating Account will be balanced over a seven-year horizon. The EI premium rate declined from $1.88 per $100 of insurable earnings in 2016 to $1.66 in 2018, a period over which the government has made significant enhancements to EI benefits and programs funded by the EI Operating Account. The 2019 EI premium rate has decreased further to $1.62, reflecting strong economic conditions and projections, as well as additional new supports for Canadian families. This is 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.