EI rate freeze is good news: MP

October 1, 2013 · 0 Comments

The Harper government recently announced that Employment Insurance rates that employers and employees pay will be frozen for the next three years. This means that businesses and their employees in Oak Ridges-Markham will be keeping more money in their pockets, which is great news for our local economy – especially our small businesses.
Our government understands that small business is a cornerstone of the economy which is why we have introduced numerous measures to assist in job creation, such as a hiring credit to help businesses grow and expand their workforces.
Small business has been instrumental in Canada’s recovery from the recent global economic downturn. In fact, with the help of small businesses, Canada has created over one million net new jobs since the end of the global recession – the best record among all the G-7 countries.
That’s why our government is staying focused on the economy. The recently announced three-year freeze on EI rates means that rates for employees and employers will stay at or below the 2013 level ($1.88 per $100 of insurable earnings) until 2016. This will leave $660 million in the pockets of job creators and workers in 2014 alone, compared to what they would have otherwise had to pay under the projected formula. This means more money stays in Oak Ridges-Markham, helping to support our local economy.
I’m proud that the Harper government is promoting such a positive plan for the economy.
Paul Calandra, MP
Oak Ridges-Markham

Sorry, comments are closed on this post.

Headline News

Knowledge is power and accurate information can be invaluable in keeping communities safe. That was one of the messages delivered by York Regional Police officers during a community safety meeting Monday night, held in the municipal council chambers. A crowd of interested residents, along with almost 100 viewing online, heard officers explain the latest in data collection, technological tools and resources available to both the public and police officers, to help residents. There are many “pieces to the puzzle” and it’s a matter of “people are the police, and the police are the people.”

A new approach to King’s budget process will make it easier for the public to understand.For its 2025 budget process, the Township is transitioning to ...

The King Township Food Bank (KTFB) is facing an alarming rise in demand for its services, and the organization is calling on the community for urgent support to continue meeting the growing needs of local families. Since its founding in 2004, the food bank has been a vital resource for residents struggling to put food on the table. Despite King Township’s reputation as a wealthy area, food insecurity has long been a reality for many, particularly lower-income families, rural workers, and seniors on fixed incomes. This year, the need has skyrocketed, with the food bank reporting a 66% increase in individuals served since the beginning of 2023.

An update on the revitalization of two local neighbourhoods filled the King council chambers last week, as residents voiced their concerns about future development and intensification.