Employment Insurance Monitoring and Assessment Report for the fiscal year beginning April 1, 2017 and ending March 31, 2018
Annex 5: Employment Insurance financial information
From: Employment and Social Development Canada
Annex 5.1 Employment Insurance operating account
|Revenues and funding|
|Total revenues and funding||23,586.1||22,603.3||21,614.0|
|Part-I: Employment Insurance benefits|
|Special benefits for insured employees||5,238.2||5,529.2||5,755.2|
|Other special benefits5||36.8||75.5||93.3|
|Special benefits for self-employed||9.2||9.8||9.7|
|Total income benefits||17,632.9||18,794.3||17,855.6|
|Less: Benefit repayments6||(264.6)||(263.1)||(308.6)|
|Total Part-I: Employment Insurance benefits||17,368.3||18,531.2||17,547.1|
|Part-II: Employment benefits and support measures|
|Labour market partnerships||110.3||106.7||112.6|
|Research and innovation||1.4||5.8||6.6|
|Total Part-II: Employment benefits and support measures||2,050.3||2,179.9||2,167.8|
|Net surplus for the year||2,393.2||84.4||(48.0)|
|Accumulated surplus (deficit) at beginning of year||521.7||2,914.9||2,999.4|
|Accumulated surplus (deficit) at end of year||2,914.9||2,999.4||2,951.4|
- Note: Data may not add up to the total due to rounding.
- 1 The terms used for accounting items referred to in this annex have been harmonized with the terminology used elsewhere in this report and may therefore differ from those appearing in the Public Accounts of Canada.
- 2 This interest includes interest accrued on overdue accounts receivable.
- 3 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.
- 4 Include parental benefits paid to biological parents and adoptive parents.
- 5 Include compassionate care benefits (for FY1516, FY1617 and FY1718), benefits for parents of critically ill children (for FY1516 and FY1617) and family caregiver benefits (for FY1718).
- 6 These repayments correspond to benefit repayments from higher income claimants.
- 7 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 2018, Volume I: Summary Report and Consolidated Financial Statements (Ottawa: Receiver General for Canada, October 2018); and Government of Canada, Public Accounts of Canada 2017, Volume I: Summary Report and Consolidated Financial Statements (Ottawa: Receiver General for Canada, October 2017).
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