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 $100 Silver Right Now Would Be a Problem | Keith Neumeyer – First Majestic

Why Industrial Demand Is Changing the Silver Market | David Morgan

Gold and Silver Delivery Is Exposing the Paper Market | Andy Schectman

Recommended

Steadright To Acquire 75% Interest In Moroccan Copper-Lead-Silver Project

Nations Royalty Names Derrick Pattenden As President And CEO

Related News

Canadian GDP Unexpectedly Falls 1.1% in Q2, Fueling Concerns of Economy’s Resilience

Canada’s economy unexpectedly contracted in the second quarter, giving rise to concerns over the strength...

Monday, September 6, 2021, 01:08:00 PM

Continued Low Employment Levels Suggest Canada’s Job Recovery has Slowed Down

Despite the Canadian economy reopening alongside the lifting of various restrictions, it appears the job...

Friday, July 10, 2020, 11:30:00 AM

Canadian Home Sales Set New Record With Increase of 45.6% in September

Canada’s housing market has thus far defied the coronavirus pandemic, and despite many analyst’s projections...

Thursday, October 15, 2020, 12:47:41 PM

Trudeau Government Mulls Including New Social Programs In Upcoming Fiscal Plan

It appears that the Liberal government’s fiscal plan will soon be expanded to include permanent...

Friday, October 30, 2020, 12:31:00 PM

Quantitative Peopling: Population Growth Masking Economic Challenges in Canada and Australia

Recent data reveals that Canada and Australia are experiencing record population growth, primarily driven by...

Tuesday, August 27, 2024, 02:02:00 PM