Legislative roundup: Changes in payroll laws and regulations from across Canada

2014 maximum insurable earnings announced • Ottawa freezes EI premiums for 3 years • Fourth quarter prescribed interest rates set • Temp foreign worker program changes • Manitoba minimum wage increases in October • Nova Scotia WCB sets 2014 maximum insurable earnings • Ontario WSIB sets 2014 maximum insurable earning
|Canadian Payroll Reporter|Last Updated: 10/17/2013


2014 maximum insurable earnings announced

The Canada Employment Insurance Commission (CEIC) announced that the maximum insurable earnings (MIE) for 2014 will increase to $48,600 from $47,400 in 2013. In accordance with the Employment Insurance Act, the MIE is indexed on an annual basis and represents the ceiling up to which employment insurance (EI) premiums are collected and the maximum amount considered in applications for EI benefits.