Increasing EI Premiums Will Cover Pandemic Overspend, Feds Say

Increasing EI Premiums Will Cover Pandemic Overspend, Feds Say
The employment insurance section of the Government of Canada website is shown on a laptop in Toronto on April 4, 2020. Jesse Johnston/The Canadian Press
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The Department of Employment has announced that employment insurance (EI) premiums must be increased to cover pandemic cost overruns and said that premiums are currently at a “historic low.”

The new premium rates are due to be detailed by the end of August, according to Blacklock’s Reporter.