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With the recent announcement that the Extended Parental Benefit will be starting on December 3rd, parents now have 2 options when choosing how they want their parental benefits applied. Before going into the options, we want to review the conditions for you to be able to claim the EI parental benefits. To be eligible for EI special benefits such as maternity, parental and caregiving benefits, individuals must have 600 insurable hours of work in the 52 weeks preceding their claim. Self employed workers can opt into the EI program and become eligible as well by opting in for at least one...
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Last November 9th, the Federal Government announced that the changes to the Employment Insurance (EI) program included in Budget 2017 will come into effect starting December 3, 2017. Through a statement by the Minister of Families, Children and Social Development, the following changes to the EI program will be made beginning December 3rd: 1.    Eligible pregnant workers will be able to receive EI maternity benefits up to 12 weeks before their due date. 2.    Parents can choose to receive parental benefits over a period of 12 months at the current rate or up to 18 months at a lower benefit rate....
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As an addendum to my last blog on EI benefits I realized that I had better explain the EI benefits available to the self-employed.  The truth is the benefits are extremely limited and are not the same as you get when you are an employee and lose your job.  In fact, in my opinion the “benefits” are kind of a joke.  You have to jump through a lot of hoops, and I suspect actually trying to claim them would be similar to making a WCB claim for being hurt (that is to say extremely frustrating).  All you have to do is...
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Employment Insurance is not really a tax subject but I thought that I should address something I recently learned.  Everyone assumes (we know what happens when you ass-u-me) that if you have been working and you get let go that you will qualify for benefits.  Well guess what?  There are all sorts of rules and conditions that must be met in order for you to qualify for and collect benefits.  I suggest visiting the Service Canada website or going to an office to get all the information specific to your situation.  That said here are some things that I feel you...
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