Canadian employment insurance aims to provide temporary financial assistance if you lose your job. It enables you to search for a new job or plan to upgrade your job skills. It is suitable for individuals who may lose jobs because of the seasonality of work, retrenchment, or lay-off. Employment insurance can also provide income assistance if you have a seriously ill family member or are caring for a newborn, and so forth.
The regular benefits of EI aim to support individual workers who may lose their job because of a shortage of work, lay-offs, and other factors beyond the worker’s control. Workers who lose their jobs for just reasons receive financial assistance during unemployment.
The following are qualifying criteria for Employment Insurance:
Individuals who voluntarily leave the job or face dismissal for misconduct may not qualify for Employment Insurance benefits.
In addition to financial assistance, there are other benefits as follows:
The period of regular Employment Insurance benefits can be between 14 and 45 weeks of unemployment. You may be eligible for 50 weeks of EI benefits in the event of sickness. The employment benefits depend upon the following factors:
Individuals who receive financial assistance through Employment Insurance need not pay any taxes.
You should apply for Employment Insurance as soon as you start working in Canada. You may be eligible for EI even if there is no Record of Employment. Failure to apply for an EI within four weeks of unemployment may disqualify you for Employment Insurance. Approach the nearest Service Canada Center to apply for an EI, or you can choose an online option.
Gather the following information and documents before proceeding to apply for Employment Insurance:
Applying for Employment Insurance is easy if you have a Record of Employment (ROE). The ROE should include the details of work in the past 12 months. Usually, the employers submit the ROE details of employees to the government. You may apply for ROE or submit T4 slips and pay stubs as an option.
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