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The following News Release or Speech has just been posted on the Finance Canada Site.

Ottawa, November 14, 2008
2008-092

The Honourable Jim Flaherty, Minister of Finance, and the Honourable Diane Finley, Minister of Human Resources and Skills Development, today welcomed the Canada Employment Insurance Commission’s decision to hold the Employment Insurance (EI) premium rate for 2009 unchanged at $1.73, its lowest level in 15 years.

“Given the current challenges posed by global economic instability, Canadian workers and businesses appreciate that now is not the time for raising premium rates,” said Minister Flaherty. “Rather, it is time to secure Canada’s economy against recent global headwinds, as our Government has already done with $21 billion in incremental tax relief this year.”

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Canada Employment Insurance Commission to Reduce EI Premium Rates for 2007

Ottawa, November 9, 2006
2006-066

The Honourable Jim Flaherty, Minister of Finance, today welcomed the decision by the independent Canada Employment Insurance Commission to reduce 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.

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