Employment Insurance reform can’t move forward without changing the way it’s financed

Without changing the approach to financing, businesses and workers will face significant increases in premiums and the government will have little prospect of covering costs with revenues for decades to come.

Employment Minister Carla Qualtrough makes an announcement at the LiUNA Local 527 Training Centre in Ottawa on Nov. 17, 2022. The EI program can play a role in helping to build workforce resilience, and ultimately reduce program costs, by supporting upskilling, write Ricardo Chejfec and Rachel Samson. The Hill Times photograph by Andrew Meade

Opinion

BY RICARDO CHEJFEC, RACHEL SAMSON

December 20, 2022

After two years of cross-country consultations, the federal government has a lengthy wish list of reforms to Employment Insurance (EI) to consider. Depending on which options it selects, annual costs could rise between $5- and $15-billion, adding to the roughly $29-billion a...

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