As is the case with any economic downturn, the system provided for in Bill C-50 would increase the premium rates. The system provides for a variation limit of about 0.15%, but that could be increased by the ministers at any time.
Member, Task Force on Financing of Employment Insurance, Canadian Institute of Actuaries
As is the case with any economic downturn, the system provided for in Bill C-50 would increase the premium rates. The system provides for a variation limit of about 0.15%, but that could be increased by the ministers at any time.
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