Tag: Employment

Employment insurance: O’Toole wants the cancellation of the increase in contributions
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Employment insurance: O’Toole wants the cancellation of the increase in contributions

Conservative Leader Erin O'Toole is calling on Justin Trudeau's government to shelve or even reverse the employment insurance tax rate hike that came into effect with the new year. The Conservative Party calculates that reversing this hike would save the average Canadian family $700 by the end of the year, in a year that will likely be marked by steadily rising consumer prices. "Inflation anxiety, endless lockdowns and upheavals in the daily routines of Canadian families are turning a nation from optimists to pessimists," O'Toole said. Since January, the maximum insurable earnings (MRI) have increased from $56,300 to $60,300, and a rate changing from 1.18% to 1.20%. The Canadian Taxpayers Federation (CTF) recently pointed out that Quebecers with an income of ...