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Employment Insurance Regulations

Version of section 24.1 from 2013-04-07 to 2013-10-26:

 For the purposes of paragraph 14(3)(b) of the Act, the insurable earnings paid or payable to the claimant, during the qualifying period, by reason of lay-off or separation from employment is the lesser of

  • (a) the actual amount of those earnings, and

  • (b) the amount calculated in accordance with the following formula:

    A x 0.18%


    is the claimant’s insurable earnings during the calculation period — not including those referred to in paragraph (a) — paid or payable for the employment that gave rise to the earnings referred to in that paragraph.
  • SOR/97-31, s. 13
  • SOR/2013-45, s. 3
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