Annex 5: Employment Insurance financial information

In this section

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, 2021 and ending March 31, 2022.

Abbreviations
AD
Appeal Division
ADR
Alternative Dispute Resolution
AI
Artificial Intelligence
ASETS
Aboriginal Skills and Employment Training Strategy
B
Beneficiary
B/C Ratio
Benefits-to-Contributions ratio
B/U
Beneficiary-to-Unemployed (ratio)
B/UC
Beneficiary-to-Unemployed Contributor (ratio)
BDM
Benefits Delivery Modernization
CAWS
Client Access Workstation Services
CCAJ
Connecting Canadians with Available Jobs
CCDA
Canadian Council of Directors of Apprenticeship
CCIS
Corporate Client Information Service
CEGEP
College of General and Professional Teaching
CEIC
Canada Employment Insurance Commission
CERB
Canada Emergency Response Benefit
CESB
Canada Emergency Student Benefit
CEWB
Canada Emergency Wage Subsidy
COEP
Canadian Out of Employment Panel Survey
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
CWLB
Canada Worker Lockdown Benefit
CX
Client Experience
EAS
Employment Assistance Services
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
EIPR
Employment Insurance Premium Ratio
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
HR
Human Resources
ID
Identification
IQF
Individual Quality Feedback
IS
Income Security
ISET
Indigenous Skills and Employment Training
IVR
Interactive Voice Response
JCP
Job Creation Partnerships
LFS
Labour Force Survey
LMDA
Labour Market Development Agreements
LMI
Labour Market Information
LMP
Labour Market Partnerships
LWF
Longitudinal Worker File
MAR
Monitoring and Assessment Report
MBM
Market Basket Measure
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
NQCP
National Quality and Coaching Program
OAG
Office of the Auditor General of Canada
OAS
Old Age Security
OSC
Outreach Support Centre
PAAR
Payment Accuracy Review
PEAQ
Processing Excellence, Accuracy and Quality
PPE
Premium-paid eligible individuals
PRAR
Processing Accuracy Review
PRP
Premium Reduction Program
PTs
Provinces and Territories
QPIP
Quebec Parental Insurance Plan
RAIS
Registered Apprenticeship Information System
RCMP
Royal Canadian Mounted Police
R&I
Research and Innovation
ROE
Record of Employment
ROE Web
Record of employment on the web
RPA
Robotics Process Automation
SAT
Secure Automated Transfer
SCC
Service Canada Centre
SD
Skills Development
SD-A
Skills Development – Apprenticeship
SD-R
Skills Development – Regular
SDP
Service Delivery Partner
SEPH
Survey of Employment, Payrolls and Hours
SIN
Social Insurance Number
SIR
Social Insurance Registry
SRS
Simple Random Sampling
SST
Social Security Tribunal
STDP
Short-term disability plan
SUB
Supplemental Unemployment Benefit
TRF
Targeting, Referral and Feedback
TTY
Teletypewriter
TWS
Targeted Wage Subsidies
U
Unemployed
UC
Unemployed contributor
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 ending March 31Footnote 1

Table 1: Revenues and funding ($ million)
Category FY1920 FY2021 FY2122
Premiums 22,636.6 22,880.9 24,304.7
Interest* 22.4 15.4 19.1
Penalties 54.7 0.2 10.0
Total revenues and funding 22,713.7 22,896.5 24,333.7
Table 2: Part I – Employment Insurance benefits expenditures* ($ million)
Category FY1920 FY2021 FY2122
Regular benefits 11,131.3 24,407.4 28,689.8
Fishing benefits 342.0 349.2 366.2
Work-Sharing benefits 16.7 173.4 89.3
Special benefits for insured employees 6,248.5 6,596.1 7,802.5
Parental benefits** 2,972.6 3,146.9 3,645.4
Sickness benefits 1,904.8 1,990.9 2,469.0
Maternity benefits 1,229.0 1,303.3 1,503.5
Other special benefits*** 142.1 155.1 184.7
Special benefits for self-employed 11.4 12.4 16.7
Total income benefits 17,749.9 31,538.5 36,964.5
Less: Benefit repayments**** (237.0) (269.8) (513.3)
Total Part I: Employment Insurance benefits 17,512.9 31,268.7 36,451.3
Table 3: Part II – Employment benefits and support measures expenditure ($ million)
Category FY1920 FY2021 FY2122
Employment benefits* 2,329.2 2,300.0 2,375.0
Support measures 146.9 143.4 137.3
Labour market partnerships 144.2 141.2 135.4
Research and innovation 2.7 2.2 1.9
Total Part-II: Employment benefits and support measures 2,476.2 2,443.4 2,512.3
Table 4: Administration costs ($ million)
Category FY1920 FY2021 FY2122
Employment and Social Development Canada – Personnel-related costs 973.4 1,361.9 1,462.1
Employment and Social Development Canada – Non personnel-related costs 432.8 600.1 601.5
Canada Revenue Agency – Collection of premiums and rulings 212.7 280.3 260.5
Treasury Board Secretariat – Health Insurance Plan and Public Service Insurance 89.0 103.3 117.8
Administrative Tribunals Support Service of Canada – Social Security Tribunal 14.1 14.0 13.6
Courts Administration Services 1.1 1.0 0.8
Less: Recovery of costs from the Canada Pension Plan for maintaining the social insurance number registry (4.6) (4.7) (7.9)
Total administration costs: Related parties 1,718.4 2,355.9 2,448.5
Total administration costs: External parties (administration costs incurred by provinces and territories under the LMDA) 190.7 191.8 191.8
Total administration costs 1,909.0 2,547.7 2,640.2
Table 5: Employment Insurance Operating Account ($ million)
Category FY1920 FY2021 FY2122
Total revenues and funding 22,713.7 22,896.5 24,333.7
Expenditures: Employment Insurance benefits (Part I) 17,512.9 31,268.7 36,451.3
Expenditures: Employment benefits and support measures (Part II) 2,476.2 2,443.4 2,512.3
Expenditures: Employment Insurance Emergency Response Benefit* 1,761.4 24,644.3 (40.5)
Administrative costs 1,909.0 2,547.7 2,640.2
Bad debts 65.3 934.3 (58.4)
Total expenditures 23,724.8 61,838.3 41,504.9
Funding from the Government of Canada – Employment Insurance Emergency Response Benefit** n/a 27,331.4 (94.7)
Net surplus for the year (1,011.1) (11,610.3) (17,265.9)
Accumulated surplus (deficit) at beginning of year 4,915.6 3,904.5 (7,705.8)
Accumulated surplus (deficit) at end of year 3,904.5 (7,705.8) (24,971.7)

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