Annex 5 - Employment Insurance financial information
From: Employment and Social Development Canada
Official title: Employment Insurance Monitoring and Assessment Report for the fiscal year beginning April 1, 2019 and ending March 31, 2020: Annex 5: Employment Insurance financial information
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List of abbreviations
This is the complete list of abbreviations for the Employment Insurance Monitoring and Assessment Report for the fiscal year beginning April 1, 2019 and ending March 31, 2020.
Abbreviations
- ADR
- Alternative Dispute Resolution
- ASETS
- Aboriginal Skills and Employment Training Strategy
- B/C Ratio
- Benefits-to-Contributions ratio
- B/U Ratio
- Benefits-to-Unemployed ratio
- B/UC Ratio
- Benefits-to-Unemployed Contributor ratio
- BDM
- Benefit Delivery Modernization
- CAWS
- Citizen Access Workstation Services
- CCAJ
- Connecting Canadians with Available Jobs
- CCDA
- Canadian Council of Directors of Apprenticeship
- CCIS
- Call Centre Improvement Strategy
- CEIC
- Canada Employment Insurance Commission
- CERB
- Canada Emergency Response Benefit
- COLS
- Community Outreach and Liaison Service
- CPI
- Consumer Price Index
- CPP
- Canada Pension Plan
- CRA
- Canada Revenue Agency
- CRF
- Consolidated Revenue Fund
- CX
- Client Experience
- EBSMs
- Employment Benefits and Support Measures
- ECC
- Employment Contact Centre
- EI
- Employment Insurance
- EICS
- Employment Insurance Coverage Survey
- EIR
- Employment Insurance Regulations
- EI SQR
- Employment Insurance Service Quality Review
- eROE
- Electronic Record of Employment
- ESDC
- Employment and Social Development Canada
- FLMM
- Forum of Labour Market Ministers
- FY
- Fiscal Year
- FY *
- Fiscal Year excluding the month of March
- G7
- Group of Seven
- GDP
- Gross Domestic Product
- HCCS
- Hosted Contact Centre Solution
- HRSDC
- Human Resources and Social Development Canada
- IQF
- Individual Quality Feedback
- IQP
- Integrated Quality Platform
- ISET
- Indigenous Skills and Employment Training
- IVR
- Interactive Voice Response
- LFS
- Labour Force Survey
- LMDA
- Labour Market Development Agreements
- LMI
- Labour Market Information
- LMP
- Labour Market Partnerships
- MAEST
- Ministry of Advanced Education, Skills and Training
- MIE
- Maximum Insurable Earnings
- MSCA
- My Service Canada Account
- MTESS
- Ministère du Travail, de l'Emploi et de la Solidarité sociale
- NAICS
- North American Industry Classification System
- NESI
- National Essential Skills Initiative
- NIS
- National Investigative Services
- NOS
- National Occupational Standards
- NWS
- National Workload System
- OAS
- Old Age Security
- OECD
- Organization for Economic Co-operation and Development
- PAAR
- Payment Accuracy Review
- PPEs
- Clients who are Premiums Paid Eligible
- P/Ts
- Provinces and Territories
- PRAR
- Processing Accuracy Review
- PRP
- Premium Reduction Program
- QPIP
- Quebec Parental Insurance Plan
- R&I
- Research and Innovation
- RAIS
- Registered Apprenticeship Information System
- ROE
- Record of Employment
- RSOS
- Red Seal Occupational Standards
- SA
- Social Assistance
- SCC
- Service Canada Centres
- SDP
- Service Delivery Partner
- SEPH
- Survey of Employment, Payrolls and Hours
- SIN
- Social Insurance Number
- SIR
- Social Insurance Registry
- SLAP
- Softwood Lumber Action Plan
- SME
- Small and medium sized enterprises
- SST
- Social Security Tribunal
- STDP
- Short-term disability plan
- SUB
- Supplemental Unemployment Benefit
- TRF
- Targeting, Referral and Feedback
- UV ratio
- Unemployment-to-vacancy ratio
- VBW
- Variable Best Weeks
- VER
- Variable Entrance Requirement
- WWC
- Working While on Claim
Annex 5.1 – Employment Insurance operating account
Statement of operations and accumulated surplus (deficit) for the year ending March 31Footnote 1
| Category | FY1718 | FY1819 | FY1920 |
|---|---|---|---|
| Premiums | 21,533.0 | 22,698.4 | 22,636.6 |
| Interest* | 16.6 | 21.2 | 22.4 |
| Penalties | 64.4 | 62.0 | 54.7 |
| Total revenues and funding | 21,614.0 | 22,781.6 | 22,713.7 |
- Note: Data may not add up to the total due to rounding.
- * This interest includes interest accrued on overdue accounts receivable.
- Source: Government of Canada, Public Accounts of Canada 2020, Volume I: Summary Report and Consolidated Financial Statements (Ottawa: Receiver General for Canada, 2020) and past year versions of the Public Accounts report.
| Category | FY1718 | FY1819 | FY1920 |
|---|---|---|---|
| Regular benefits | 11,751.0 | 10,639.3 | 11,131.3 |
| Fishing benefits | 326.9 | 332.8 | 342.0 |
| Work-Sharing benefits | 12.9 | 5.8 | 16.7 |
| Special benefits for insured employees | 5,755.2 | 5,878.6 | 6,248.5 |
| Parental benefits** | 2,805.0 | 2,771.9 | 2,972.6 |
| Sickness benefits | 1,681.6 | 1,781.3 | 1,904.8 |
| Maternity benefits | 1,175.3 | 1,191.6 | 1,229.0 |
| Other special benefits*** | 93.3 | 133.8 | 142.1 |
| Special benefits for self-employed | 9.7 | 9.9 | 11.4 |
| Total income benefits | 17,855.6 | 16,866.3 | 17,749.9 |
| Less: Benefit repayments**** | (308.6) | (286.2) | (237.0) |
| Total Part-I: Employment Insurance benefits | 17,547.1 | 16,580.0 | 17,987.0 |
- Note: Data may not add up to the total due to rounding.
- * Expenditures reported in Chapter II of this report are based on administrative data and may differ from the ones reported in the financial statements of the Employment Insurance Operating Account that are included in the Public Accounts of Canada, due to methodological differences.
- ** Include parental benefits paid to biological parents and adoptive parents.
- *** Include compassionate care benefits, benefits for parents of critically ill children (only for FY1718) and family caregiver benefits.
- **** These repayments correspond to benefit repayments from higher income claimants.
- Source: Government of Canada, Public Accounts of Canada 2020, Volume I: Summary Report and Consolidated Financial Statements (Ottawa: Receiver General for Canada, 2020) and past year versions of the Public Accounts report.
| Category | FY1718 | FY1819 | FY1920 |
|---|---|---|---|
| Employment benefits* | 2,048.6 | 2,171.0 | 2,329.2 |
| Support measures | 119.2 | 137.0 | 146.9 |
| Labour market partnerships | 112.6 | 133.3 | 144.2 |
| Research and innovation | 6.6 | 3.7 | 2.7 |
| Total Part-II: Employment benefits and support measures | 2,167.8 | 2,307.9 | 2,476.2 |
- Note: Data may not add up to the total due to rounding.
- * These benefits correspond to transfer payments to provinces and territories related to labour market development agreements, net of previous fiscal years’ over-contribution.
- Source: Government of Canada, Public Accounts of Canada 2020, Volume I: Summary Report and Consolidated Financial Statements (Ottawa: Receiver General for Canada, 2020) and past year versions of the Public Accounts report.
| Category | FY1718 | FY1819 | FY1920 |
|---|---|---|---|
| Employment and Social Development Canada – Personnel related-costs | 985.1 | 950.3 | 973.4 |
| Employment and Social Development Canada – Non-personnel related costs | 384.0 | 379.3 | 432.8 |
| Canada Revenue Agency – Collection of premiums and rulings | 214.5 | 212.8 | 212.7 |
| Treasury Board Secretariat – Health Insurance Plan and Public Service Insurance | 92.6 | 83.3 | 89.0 |
| Administrative Tribunals Support Service of Canada – Social Security Tribunal | 14.2 | 18.2 | 14.1 |
| Courts Administration Services | 1.0 | 1.0 | 1.1 |
| Less: Recovery of costs from the Canada Pension Plan for maintaining the social insurance number registry | (5.3) | (4.1) | (4.6) |
| Total administration costs: Related parties | 1,686.2 | 1,640.7 | 1,718.4 |
| Total administration costs: External parties (administration costs incurred by provinces and territories under the LMDA) | 191.6 | 189.7 | 190.7 |
| Total administration costs | 1,877.8 | 1,830.4 | 1,909.0 |
- Note: Data may not add up to the total due to rounding.
- Source: Government of Canada, Public Accounts of Canada 2020, Volume I: Summary Report and Consolidated Financial Statements (Ottawa: Receiver General for Canada, 2020) and past year versions of the Public Accounts report.
| Operating account | FY1718 | FY1819 | FY1920 |
|---|---|---|---|
| Total revenues and funding | 21,614.0 | 22,781.6 | 22,713.7 |
| Expenditures: Employment Insurance benefits (Part I) | 17,547.1 | 16,580.0 | 17,987.0 |
| Expenditures: Employment benefits and support measures (Part II) | 2,167.8 | 2,307.9 | 2,476.2 |
| Expenditures: Employment Insurance Emergency Response Benefit* | n/a | n/a | 1,761.4 |
| Administrative costs | 1,877.8 | 1,830.4 | 1,909.0 |
| Bad debts | 69.3 | 99.0 | 65.3 |
| Total expenditures | 21,662.0 | 20,817.4 | 23,724.8 |
| Net surplus for the year | (48.0) | 1,964.3 | (1,011.1)** |
| Accumulated surplus (deficit) at beginning of year | 2,999.4 | 2,951.4 | 4,915.6 |
| Accumulated surplus (deficit) at end of year | 2,951.4 | 4,915.6 | 3,904.5 |
- * The Employment Insurance Emergency Response Benefit is the portion of the Canada Emergency Response Benefit that was administered by Employment and Social Development Canada. Expenses related to the EI Emergency Response Benefit were paid from the EI Operating Account and those incurred before March 31, 2020 are included in this financial statement.
- ** On September 14, 2020, the Government announced that it will credit the Account for costs associated with the EI Emergency Response Benefit. This is expected to generate a surplus in the Account for FY1920 rather than a deficit.
- Source: Government of Canada, Public Accounts of Canada 2020, Volume I: Summary Report and Consolidated Financial Statements (Ottawa: Receiver General for Canada, 2020) and past year versions of the Public Accounts report.