SoVote

Decentralized Democracy

House Hansard - 127

44th Parl. 1st Sess.
November 15, 2022 10:00AM
  • Nov/15/22 10:57:39 a.m.
  • Watch
  • Re: Bill C-32 
Madam Speaker, I want to thank my hon. colleague for a very impassioned speech on the very important need to address the cost of living for Canadians. Hopefully members of the House heard it. I want to contribute to the conversation in a way, and I hope the Conservatives can, in their response, that highlights the importance of the employment insurance program and the Canadian pension plan. EI is not a tax. Nor is the Canada pension a tax. I offer this in the most respect to the workers, the men and women who continue to contribute to their EI and their Canada pension plan. EI is a program that helps folks when they are unemployed. Workers pay into that and they also work for that. The same goes for their pension. These are two important programs to our social safety net. Could the member speak to the importance of EI and the Canada pension plan?
156 words
All Topics
  • Hear!
  • Rabble!
  • star_border
  • Nov/15/22 10:58:29 a.m.
  • Watch
  • 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—
141 words
All Topics
  • Hear!
  • Rabble!
  • star_border