EI premiums cut 4 per cent

CBC News: EI premiums cut 4 per cent

Employment insurance premiums for Canadians and their employers are going down by about four per cent beginning in January.

The Employment Insurance Commission has set the 2006 EI premium rate at $1.87 per $100 of insurable earnings, down from the current $1.95.

Employers will see their premiums fall from $2.73 per $100 of insurable earnings to $2.62.

Categories: Compensation, Employment-Insurance, Payroll-Taxes