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Phone: (604) 605-3335  Toll Free: (888) 850-6585

 

 

Boale, Wood and Company

Boale, Wood and Company

Licensed Insolvency Trustee

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EI Benefits for the self employed

October 1, 2012 by Stephen Boale

Last year the federal government changed the qualifying rules for self-employed individuals to claim EI benefits in specific circumstances:

  • mat leave,
  • parental leave,
  • sickness benefits, and
  • compassionate care benefits

You can read through the details on this Service Canada page. it outlines how the program works and eligibility requirements.

At first this program sounds great, but after analyzing the effective costs, including all financial  pre and post E.I. contributions required, this insurance benefit plan is certainly not for everybody and likely not for many.

This article by Gail Vaz-Oxlade in Money Sense online deals with the facts you should know before you sign up.

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We have offices located in Vancouver, Surrey, Coquitlam, and on the Sunshine Coast in Sechelt. We also provide services to residents and businesses in the Yukon Territory.

 

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