UPDATE: Changes to Employment Insurance (EI) Waiting Period Begin January 1, 2017 The 2016 Federal Budget introduced significant changes to Employment Insurance eligibility and benefits in response to fluctuating unemployment rates. Most notably, the waiting period for EI benefits, including sickness benefits, has changed from 2-weeks (14 days) to 1-week (7 days). The benefit payment […]
Category Archives: Group Benefits
With a bold headline, Strong economy pays dividends, the BC Provincial Government announced on September 15, 2016, that it would be scrapping the proposed 4% BC MSP premium rate increase that it had announced earlier this year. “B.C.’s strong economic growth and better-than-forecast revenues” are Finance Minister Mike de Jong’s reasons for the government’s decision […]
On February 16, 2016 British Columbia’s Ministry of Finance announced upcoming changes to BC Medical Services Plan (MSP) premiums. These changes take effect January 1, 2017. As the government’s backgrounder suggests, the upcoming changes are designed to benefit single parent and low-income families. All children will be exempt from MSP premiums and the new premium […]