Canadian Government Extends EI Sickness Benefits to 26 Weeks

Canadians suffering from injuries or illnesses will now receive EI sickness benefits for a lot longer.

Canada’s Minister of Employment, Workforce Development and Disability Inclusion Carla Qualtrough last week announced a permanent change to EI sickness benefits, increasing them from 15 weeks to 26 weeks effective December 18. The move will give “workers the time and flexibility they need to recover and return to work,” she said in a tweet. “With these measures, we’re making sure that workers across Canada are supported in the best way possible.”

The change is expected to impact over 169,000 Canadian workers each year who are battling an illness, injury, are nursing, or quarantining. Currently, EI sickness benefits cover 55% of an employee’s weekly insurable wage, with a maximum eligibility of $638. For those workers employed in the federally regulated private-sector, their sickness benefits will increase from 17 weeks to 27 weeks, with the option to accumulate up to 10 paid sick days per year.

“Canadians should not have to choose between their health and their paycheque. Today, we are fulfilling an important commitment that will allow those who are dealing with a health issue to take the time to recover,” added Canada’s Health Minister Jean-Yves Duclos.


Information for this briefing was found via the Government of Canada and the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why This War Made the Gold Case Stronger | Michael Gentile

Wall Street Bought the Ceasefire. Now Oil’s Back Over $100 | Todd Bubba Horwitz

Canada’s Soft Spot: Why Every Canadian Manufacturer Should Be Watching the July 1st CUSMA Negotiation

Recommended

Total Metals Secures High Grade Critical Minerals Property In Northwestern Ontario

Discovery at Luis Hill Prompts Acceleration of Phase 2 Program for Questcorp

Related News

New Vehicle Purchases Rebound for Second Consecutive Month, June Sales Surpass Pre-Pandemic Levels by 18%

As the coronavirus pandemic brought many sectors of Canada’s economy to a screeching halt in...

Wednesday, August 19, 2020, 06:07:00 PM

Canada’s Economy Expanded By 0.7% In January

Canada’s recovery appears to be showing continued resiliency, despite a second wave of pandemic-related closures...

Thursday, April 1, 2021, 02:39:00 PM

Pierre Poilievre’s Conservative Party Breaks Record for Fundraising Dollars in Q4 2022

The Conservative Party of Canada likes its new leader and it shows. The party was...

Thursday, February 2, 2023, 07:23:52 AM

Canadian Retail Sales Increased 1.3% In November Following Surge in Online Shopping

For the seventh consecutive month, Canadian retail sales posted the fastest increase since September, rising...

Monday, January 25, 2021, 10:45:00 AM

Ottawa’s ‘Luxury Tax’ Just Kicked In, But Why Only On Selected ‘Luxuries’?

Canadians faces new and higher dues as Ottawa’s tax plan levied on high-priced possessions took...

Friday, September 2, 2022, 10:20:00 AM