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House Hansard - 127

44th Parl. 1st Sess.
November 15, 2022 10:00AM
Context: House Hansard - 127 - Nov/15/22
Mr. Brad Vis
  • Nov/15/22 10:58:29 a.m.
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  • Re: Bill C-32 
Madam Speaker, that is a very legitimate question. On employment insurance, when an employer hires people, those employees are required to pay 1.6%, I believe, of their insurable earnings, up to $60,000, into the general revenue fund of Canada toward their employment insurance contributions. The employer is required to pay 1.4% of the employee contribution into the general revenue fund of Canada. The employee and the employer contributions are mandatory. As it relates to the Canada pension plan, employees are required to pay a portion of their salary, up to a threshold, into the Canada pension plan. The employer is also required to pay a contribution into the Canada pension plan. On employment insurance specifically, both Conservative and Liberal governments have taken money designated for employment insurance from the general revenue fund to pay for government deficits—
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