2019 Changes to Maximum Insurable Earnings
The Canadian Employment Insurance Commission and Canada Revenue Agency have announced the 2019 changes to Maximum Insurable Earnings, and premiums for employment insurance, effective January 1, 2019.
Maximum Insurable Earnings will increase from $51,700 to $53,100.
The Employment Insurance rate will be $1.62 per $100 of insurable earnings, a decrease of $0.04 from the 2018 rate.
The maximum EI contribution will increase by $2 to $860.22 for workers and up $2.80 for employers to $1,204.31 per employee.