Employment Insurance (EI) is a federal program in Canada that provides temporary income support to workers who lose their jobs, take parental leave, or cannot work due to sickness or caregiving responsibilities.
How It Works
Both employees and employers contribute to EI through payroll deductions. When eligible workers apply, they can receive a portion of their average weekly earnings for a limited period, subject to maximums. Special benefits cover maternity, parental, sickness, and caregiver leave.
Types of Benefits
- Regular benefits: For those who lose their job through no fault of their own.
- Special benefits: Includes maternity, parental, sickness, and caregiver leave.
Final Thoughts
EI is a key part of Canada’s social safety net. It provides temporary relief during periods of unemployment or life changes, helping workers manage financial stress while they transition back to work.