EI 2020
EI rates have been announced and will again be changing in 2020. The amount of EI you will need to pay has actually decreased slightly this year.
Below is a chart showing both the 2020 and 2019 EI information.
2020 | 2019 | |
Maximum Annual Earnings | $54,200 | $53,100 |
Contribution Rate | 1.58% | 1.62% |
Maximum Annual Employee Contributions | $856.36 | 860.22 |
Maximum Annual Employer Contributions | $1,198.90 | $1,204.31 |
For more information, and for past EI information you can visit the CRA website here.