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Appendix IV - Employment Insurance Anticipated Modifications

Subsection 65.3(2) of the Act provides that, if the Minister has announced, on or before October 14 of 2008, changes to payments to be made under paragraph 77(1)(a), (b) or (c) for 2009, the Chief Actuary shall, at the request of the Minister, take into account those changes and make a determination of the premium rate that, in the chief actuary's opinion, based on the information provided by the Minister of Finance under section 66.2 and taking into account any regulations made under section 69, should generate just enough premium revenue during 2009 to cover the payments that would be made under subsection 77(1) during 2009 if the changes were to commence on the date specified by the Minister.

For the purpose of the present report, the announcements made in September 2008 regarding the extension of pilot projects, with modifications, and the extension of transitional measures were taken into account in the calculation of the Employment Insurance break-even premium rate for 2009.

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Date Modified:

2011-09-30