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Employment Insurance Premiums Reduced in 2007

Tuesday, November 14th, 2006

Canadian Revenue AgencyThe Canada Employment Insurance Commission approved a reduction of employment insurance (EI) premium rates for 2007.

For employees, the premium rate will fall to $1.80 from its current level of $1.87 per $100 of insurable earnings, effective January 1, 2007. The rate paid by employers will be reduced to $2.52 from $2.62 per $100 of insurable earnings. To learn more, click here.

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