Annex 5: Employment Insurance financial information
Official title: Employment Insurance Monitoring and Assessment Report for the fiscal year beginning April 1, 2020 and ending March 31, 2021: 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, 2020 and ending March 31, 2021.
Abbreviations
- AD
- Appeal Division
- ADR
- Alternative Dispute Resolution
- ASETS
- Aboriginal Skills and Employment Training Strategy
- B/C Ratio
- Benefits-to-Contributions ratio
- BDM
- Benefits Delivery Modernization
- CAWS
- Client Access Workstation Services
- CCDA
- Canadian Council of Directors of Apprenticeship
- CCIS
- Corporate Client Information Service
- CEIC
- Canada Employment Insurance Commission
- CERB
- Canada Emergency Response Benefit
- CESB
- Canada Emergency Student Benefit
- CEWB
- Canada Emergency Wage Subsidy
- COLS
- Community Outreach and Liaison Service
- CPP
- Canada Pension Plan
- CRA
- Canada Revenue Agency
- CRB
- Canada Recovery Benefit
- CRCB
- Canada Recovery Caregiving Benefit
- CRF
- Consolidated Revenue Fund
- CRSB
- Canada Recovery Sickness Benefit
- CSO
- Citizen Service Officer
- CX
- Client Experience
- EBSM
- Employment Benefits and Support Measures
- ECC
- Employer Contact Centre
- EI
- Employment Insurance
- EI ERB
- Employment Insurance Emergency Response Benefit
- EICS
- Employment Insurance Coverage Survey
- eROE
- Electronic Record of Employment
- ESDC
- Employment and Social Development Canada
- eSIN
- Electronic Social Insurance Number
- FY
- Fiscal Year
- G7
- Group of Seven
- GDP
- Gross Domestic Product
- GIS
- Guaranteed Income Supplements
- HCCS
- Hosted Contact Centre Solution
- IQF
- Individual Quality Feedback
- 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
- MIE
- Maximum Insurable Earnings
- MSCA
- My Service Canada Account
- NAICS
- North American Industry Classification System
- NESI
- National Essential Skills Initiative
- NIS
- National Investigative Services
- NOM
- National Operating Model
- OAS
- Old Age Security
- PAAR
- Payment Accuracy Review
- PPE
- Premium-paid eligible individuals
- PRAR
- Processing Accuracy Review
- PRP
- Premium Reduction Program
- PTs
- Provinces and Territories
- QPIP
- Quebec Parental Insurance Plan
- R&I
- Research and Innovation
- ROE
- Record of Employment
- RPA
- Robotics Process Automation
- SAT
- Secure Automated Transfer
- SCC
- Service Canada Centre
- SDP
- Service Delivery Partner
- SEPH
- Survey of Employment, Payrolls and Hours
- SIN
- Social Insurance Number
- SIR
- Social Insurance Registry
- SST
- Social Security Tribunal
- STDP
- Short-term disability plan
- SUB
- Supplemental Unemployment Benefit
- TRF
- Targeting, Referral and Feedback
- TTY
- Teletypewriter
- UV
- Unemployment-to-vacancy
- VBW
- Variable Best Weeks
- VER
- Variable Entrance Requirement
- VRI
- Video Remote Interpretation
- WCAG
- Web Content Accessibility Guidelines
- WWC
- Working While on Claim
Annex 5.1 – Employment Insurance operating account ($ million)
Statement of operations and accumulated surplus (deficit) for the year ended March 31Footnote 1
| Category | FY1819 | FY1920 | FY2021 |
|---|---|---|---|
| Premiums | 22,698.4 | 22,636.6 | 22,880.9 |
| Interest* | 21.2 | 22.4 | 15.4 |
| Penalties | 62.0 | 54.7 | 0.2 |
| Total revenues and funding | 22,781.6 | 22,713.7 | 22,896.5 |
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 2021, Volume I: Summary Report and Consolidated Financial Statements (Ottawa: Receiver General for Canada, 2021) and past year versions of the Public Accounts report.
| Category | FY1819 | FY1920 | FY2021 |
|---|---|---|---|
| Regular benefits | 10,639.3 | 11,131.3 | 24,407.4 |
| Fishing benefits | 332.8 | 342.0 | 349.2 |
| Work-Sharing benefits | 5.8 | 16.7 | 173.4 |
| Special benefits for insured employees | 5,878.6 | 6,248.5 | 6,596.1 |
| Parental benefits** | 2,771.9 | 2,972.6 | 3,146.9 |
| Sickness benefits | 1,781.3 | 1,904.8 | 1,990.9 |
| Maternity benefits | 1,191.6 | 1,229.0 | 1,303.3 |
| Other special benefits*** | 133.8 | 142.1 | 155.1 |
| Special benefits for self-employed | 9.9 | 11.4 | 12.4 |
| Total income benefits | 16,866.3 | 17,749.9 | 31,538.5 |
| Less: Benefit repayments**** | (286.2) | (237.0) | (269.8) |
| Total Part-I: Employment Insurance benefits | 16,580.0 | 17,512.9r | 31,268.7 |
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 and family caregiver benefits.
**** These repayments correspond to benefit repayments from higher income claimants.
r Revised.
Source: Government of Canada, Public Accounts of Canada 2021, Volume I: Summary Report and Consolidated Financial Statements (Ottawa: Receiver General for Canada, 2021) and past year versions of the Public Accounts report.
| Category | FY1819 | FY1920 | FY2021 |
|---|---|---|---|
| Employment benefits* | 2,171.0 | 2,329.2 | 2,300.0 |
| Support measures | 137.0 | 146.9 | 143.4 |
| Labour market partnerships | 133.3 | 144.2 | 141.2 |
| Research and innovation | 3.7 | 2.7 | 2.2 |
| Total Part-II: Employment benefits and support measures | 2,307.9 | 2,476.2 | 2,443.4 |
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 2021, Volume I: Summary Report and Consolidated Financial Statements (Ottawa: Receiver General for Canada, 2021) and past year versions of the Public Accounts report.
| Category | FY1819 | FY1920 | FY2021 |
|---|---|---|---|
| Employment and Social Development Canada – Personnel related-costs | 950.3 | 973.4 | 1,361.9 |
| Employment and Social Development Canada – Non-personnel related costs | 379.3 | 432.8 | 600.1 |
| Canada Revenue Agency – Collection of premiums and rulings | 212.8 | 212.7 | 280.3 |
| Treasury Board Secretariat – Health Insurance Plan and Public Service Insurance | 83.3 | 89.0 | 103.3 |
| Administrative Tribunals Support Service of Canada – Social Security Tribunal | 18.2 | 14.1 | 14.0 |
| Courts Administration Services | 1.0 | 1.1 | 1.0 |
| Less: Recovery of costs from the Canada Pension Plan for maintaining the social insurance number registry | (4.1) | (4.6) | (4.7) |
| Total administration costs: Related parties | 1,640.7 | 1,718.4 | 2,355.9 |
| Total administration costs: External parties (administration costs incurred by provinces and territories under the LMDA) | 189.7 | 190.7 | 191.8 |
| Total administration costs | 1,830.4 | 1,909.0 | 2,547.7 |
Note: Data may not add up to the total due to rounding.
Source: Government of Canada, Public Accounts of Canada 2021, Volume I: Summary Report and Consolidated Financial Statements (Ottawa: Receiver General for Canada, 2021) and past year versions of the Public Accounts report.
| Operating account | FY1819 | FY1920 | FY2021 |
|---|---|---|---|
| Total revenues and funding | 22,781.6 | 22,713.7 | 22,896.5 |
| Expenditures: Employment Insurance benefits (Part I) | 16,580.0 | 17,512.9r | 31,268.7 |
| Expenditures: Employment benefits and support measures (Part II) | 2,307.9 | 2,476.2 | 2,443.4 |
| Expenditures: Employment Insurance Emergency Response Benefit* | n/a | 1,761.4 | 24,644.3 |
| Administrative costs | 1,830.4 | 1,909.0 | 2,547.7 |
| Bad debts | 99.0 | 65.3 | 934.3 |
| Total expenditures | 20,817.4 | 23,724.8 | 61,838.3 |
| Funding from the Government of Canada – Employment Insurance Emergency Response Benefit** | n/a | n/a | 27,331.4 |
| Net surplus for the year | 1,964.3 | (1,011.1) | (11,610.3) |
| Accumulated surplus (deficit) at beginning of year | 2,951.4 | 4,915.6 | 3,904.5 |
| Accumulated surplus (deficit) at end of year | 4,915.6 | 3,904.5 | (7,705.8) |
Note: Data may not add up to the total due to rounding.
* 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, 2021 are included in this financial statement.
** Pursuant to section 153.111 of the Employment Insurance Act, the Employment Insurance Operating Account was credited the reported amount determined by the Minister of Finance that corresponds to the total cost of the EI Emergency Response Benefit, including all costs related to the benefit and its administration. The funding from the Government of Canada is recognized in the period in which the transfer was authorized. Funding for FY2021 is comprised of the current year and previous year’s EI Emergency Response Benefit expenses, incremental costs related to the administration of the EI Emergency Response Benefit and bad debt related expenses.
r Revised.
Source: Government of Canada, Public Accounts of Canada 2021, Volume I: Summary Report and Consolidated Financial Statements (Ottawa: Receiver General for Canada, 2021) and past year versions of the Public Accounts report.
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