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Unemployment Benefits


As of 2018, the unemployment rate in Toronto was 5.7%.

Employment Insurance (EI) provides benefits to workers who lose their job due to an unforeseen circumstance that is no fault of their own. This includes coverage for illness, maternity leave, and unemployment.  Individuals must apply for EI aid as soon as they stop working in order to receive benefits as soon as possible. Applications must be filed within 4 weeks of the last day or work, or the worker may no longer be eligible to receive the benefits.

The amount of benefits received is determined when you submit your application. In most cases, the rate for calculating your benefits is 55% of your weekly (insurable) wages. As of January 1, 2018, the maximum amount of yearly insurable earning is $51,700. If you make this amount or more, your maximum weekly benefit is capped at $547.

Apply for your EI benefits here.


18/08/2018

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