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.