CEIC Announces EI Maximum Insurable Earnings Increases to $70,800 in 2027
Published September 15, 2026
The Canada Employment Insurance Commission (CEIC) announced that the Employment Insurance (EI) Maximum Insurable Earnings (MIE) for 2027 will increase to $70,800 from $68,900 in 2026. The MIE is indexed on an annual basis and represents the ceiling up to which EI premiums are collected and the maximum amount considered in applications for EI benefits.
The EI premium rate for 2027 is $1.64 per $100 of insurable earnings for employees and $2.30 for employers who pay 1.4 times the employee rate.
CEIC also announced that for residents of Quebec covered under the Quebec Parental Insurance Plan (QPIP), the premium rate of $1.29 per $100 of insurable earnings, while employers pay $1.81 per $100 of insurable earnings.
The Premium Reduction Program will provide roughly $1.7 billion in premium relief in 2027 to registered employers and their employees in recognition of savings generated to the EI program by employer registered short-term wage-loss plans.
The Office of the Superintendent of Financial Institutions (OSFI) has released: