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. The Report of the Human Resources and Social Development (HRSD) Chief Actuary, which draws upon economic
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