The Canadian Government has issued a release announcing the Employment Insurance (EI) premium rates and maximums for 2022. The Federal EI premium rates and maximums are as follows, excluding Quebec:
- The annual maximum insurable earnings increased to CAD 60,300 in 2022, up from CAD 56,300 in 2021;
- The contribution rate is maintained at 1.58% for employees and 2.212% for employers (1.4 times the employee rate); and
- The maximum annual employee contribution is increased to CAD 952.74 and the ma…