Marginal note:Rate of weekly benefits
14 (1) The rate of weekly benefits payable to a claimant is 55% of their weekly insurable earnings.
Marginal note:Maximum weekly insurable earnings
(1.1) The maximum weekly insurable earnings is
(a) $750 if the claimant’s benefit period begins during the years 1997 to 2000; and
(b) if the claimant’s benefit period begins in a subsequent year, the maximum yearly insurable earnings divided by 52.
Marginal note:Weekly insurable earnings
(2) A claimant’s weekly insurable earnings are their insurable earnings in the rate calculation period divided by the larger of the following divisors:
(a) the divisor that equals the number of weeks during the rate calculation period in which the claimant had insurable earnings, and
(b) the divisor determined in accordance with the following table by reference to the applicable regional rate of unemployment.
TABLE
Regional Rate of Unemployment Divisor not more than 6% 22 more than 6% but not more than 7% 21 more than 7% but not more than 8% 20 more than 8% but not more than 9% 19 more than 9% but not more than 10% 18 more than 10% but not more than 11% 17 more than 11% but not more than 12% 16 more than 12% but not more than 13% 15 more than 13% 14 Marginal note:Insurable earnings
(3) Insurable earnings in the rate calculation period shall be established and calculated in accordance with the regulations and include earnings from any insurable employment, regardless of whether the employment has ended.
Marginal note:Rate calculation period
(4) The rate calculation period is the period of not more than 26 consecutive weeks in the claimant’s qualifying period ending with the later of
(a) the week
(i) before the claimant’s benefit period begins, if it begins on the Sunday of the week in which the claimant’s last interruption of earnings occurs, or
(ii) in which the claimant’s last interruption of earnings occurs, if their benefit period begins on the Sunday of a week that is after the week in which the claimant’s last interruption of earnings occurs, and
(b) the week before the claimant’s benefit period begins, if the claimant has an insurable employment at the beginning of that period.
A prescribed week relating to employment in the labour force shall not be taken into account when determining what weeks are within the rate calculation period.
Marginal note:Length of rate calculation period
(4.1) The rate calculation period is 26 weeks, unless the claimant’s qualifying period begins on a Sunday that is less than 26 weeks before the Sunday of the week in which the rate calculation period ends under subsection (4), in which case it is the number of weeks between those Sundays.
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