GREATER VICTORIA CHAMBER OF COMMERCE
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EI premiums unchanged, but concerns over Bill 23

9/16/2020

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Good news for employers as Employment Insurance premiums for 2021 and 2022 are being frozen at the 2020 level. The federal government made the announcement this week. The maximum insurable earnings are going up by $1,100 next year to $56,300.
 
Self-employed Canadians who opt into the EI program will be required to earn $7,555 to file a claim in 2021.
 
As the economy recovers, governments can't burden businesses with added costs such as increased premiums. The Chamber is working with our advocacy partners to make sure the provincial government understands this when it comes to WorkSafeBC premiums.
 
Recent changes to the Workers Compensation Act (Bill 23) are problematic because they make it easier for employees to make a compensation claim if they contract COVID-19 with little to no burden of proof that it was work related. The goal of reducing the risk is good, but the concern is that it will unfairly drive up costs and increase premiums shifting public healthcare costs to employers.
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  • Membership
    • Why Join?
    • Job Board
    • Chamber Week 2021
    • Member to Member Offers
    • Benefits, Discounts & Savings >
      • Chamber Store
    • Questions & Answers
    • Join Now
    • Member Login
  • Member Directory
    • All Categories
  • Events
    • Signature Events >
      • YYJ Eats
      • Annual Gala Auction
      • Business Awards >
        • 2021 Business Awards Finalists
      • Business Leaders Series
    • Event Calendar >
      • Chamber Events
      • Community Events
    • Event Photos
    • Sponsorship
  • COVID-19
    • COVID-19 Initiatives
    • COVID-19 Links
  • News & Advocacy
    • Weekly BizNews >
      • BizNews-articles
    • Advocacy / Wins for Business >
      • Advocacy Wins
      • Business Property Taxes
      • Advocacy Priorities
    • Chamber Chats
    • In the News >
      • Published Op-Eds
      • Media Releases
    • Business Matters Magazine >
      • Non-market housing
      • Find and keep workers
      • Canada Votes
  • Prodigy Group
    • Mentorship Program
    • Prodigy Group Committee
    • Prodigy Events
    • Contact the Prodigy Group
  • About Us
    • Staff Directory
    • Board & Governance >
      • Governors
      • By-Laws, Plans & Reports
    • Committees
    • Chamber History
    • Partners & Sponsors
    • About Victoria >
      • Starting a Business
      • Moving Here
      • Visiting Victoria, BC
    • Contact Us