Annex 5: Employment Insurance financial information
Official title: Employment Insurance Monitoring and Assessment Report for the fiscal year beginning April 1, 2022, and ending March 31, 2023: 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, 2022 and ending March 31, 2023.
- 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
- BEA
- Business Expertise Advisor
- BOA
- Board of Appeal
- 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
- CFP
- Call for Proposals
- COEP
- Canadian Out of Employment Panel Survey
- COLS
- Community Outreach and Liaison Service
- CPI
- Consumer Price Index
- 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 Supplement
- HCCS
- Hosted Contact Centre Solution
- HR
- Human Resources
- ID
- Identification
- IQF
- Individual Quality Feedback
- IS
- Income Security
- ISET
- Indigenous Skills and Employment Training
- IT
- Information Technology
- IVR
- Interactive Voice Response
- IWW
- Integrated Workload and Workforce
- JCP
- Job Creation Partnership
- LFS
- Labour Force Survey
- LMDA
- Labour Market Development Agreements
- LMI
- Labour Market Information
- LMP
- Labour Market Partnerships
- LTU
- Long-Term Unemployment or Long-Term Unemployed
- LTUR
- Long-Term Unemployment Rate
- LWF
- Longitudinal Worker File
- MAR
- Monitoring and Assessment Report
- MBM
- Market Basket Measure
- MIE
- Maximum Insurable Earnings
- MSCA
- My Service Canada Account
- MUS
- Monetary Unit Sampling
- NAICS
- North American Industry Classification System
- NERE
- New entrant re-entrant
- NESI
- National Essential Skills Initiative
- NHQ
- National Headquarters
- NIS
- National Investigative Services
- NOC
- National Occupation Classification
- NOM
- National Operating Model
- NQCP
- National Quality and Coaching Program
- OAG
- Office of the Auditor General of Canada
- OAS
- Old Age Security
- OASIS
- Occupational and Skills Information System
- OSC
- Outreach Support Centre
- PAAR
- Payment Accuracy Review
- PEAQ
- Processing Excellence, Accuracy and Quality
- P.p.
- Percentage point
- 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
- SCT
- Skills and Competency Taxonomy
- SD
- Skills Development
- SD-A
- Skills Development – Apprenticeship
- SD-R
- Skills Development – Regular
- SDP
- Service Delivery Partner
- SE
- Self-Employment
- SEPH
- Survey of Employment, Payrolls and Hours
- SFS
- Skills for Success
- SIN
- Social Insurance Number
- SIP
- Sectoral Initiatives Program
- SIR
- Social Insurance Registry
- SRS
- Simple Random Sampling
- SST
- Social Security Tribunal
- SST-GD-EI
- Employment Insurance Section of the General Division of the Social Security Tribunal
- STDP
- Short-term disability plan
- STVC
- Status Vector
- SUB
- Supplemental Unemployment Benefit
- SWSP
- Sectoral Workforce Solutions Program
- TES
- Targeted Earning Supplements
- TIS
- Telephone Interpretation Service
- TRF
- Targeting, Referral and Feedback
- TTY
- Teletypewriter
- TWS
- Targeted Wage Subsidies
- U
- Unemployed
- UC
- Unemployed contributor
- UV
- Unemployment-to-job-vacancy
- VBW
- Variable Best Weeks
- VER
- Variable Entrance Requirement
- VRI
- Video Remote Interpretation
- WCAG
- Web Content Accessibility Guidelines
- WISE
- Work Integration Social Enterprises
- WWC
- Working While on Claim
List of tables
- Table 1: Revenues and funding ($ million)
- Table 2: Part I - Employment Insurance benefits expenditures* ($ million)
- Table 3: Part II - Employment benefits and support measures expenditure ($ million)
- Table 4: Administration costs ($ million)
- Table 5: Employment Insurance Operating Account ($ million)
Annex 5.1 - Employment Insurance operating account ($ million)
Statement of operations and accumulated surplus (deficit) for the year ended March 31Footnote 1
| Category | 2020‑21 | 2021‑22 | 2022‑23 |
|---|---|---|---|
| Premiums | 22,880.9 | 24,304.7 | 24,422.1 |
| Interest* | 15.4 | 19.1 | 29.5 |
| Penalties | 0.2 | 10.0 | 21.3 |
| Total revenues and funding | 22,896.5 | 24,333.7 | 27,472.9 |
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 2023, Volume I: Summary Report and Consolidated Financial Statements (Ottawa: Receiver General for Canada, 2023) and past year versions of the Public Accounts report.
| Category | 2020‑21 | 2021‑22 | 2022‑23 |
|---|---|---|---|
| Regular benefits | 24,407.4 | 28,689.8 | 12,090.5 |
| Fishing benefits | 349.2 | 366.2 | 384.9 |
| Work-Sharing benefits | 173.4 | 89.3 | 31.1 |
| Special benefits for insured employees | 6,596.1 | 7,802.5 | 7,156.1 |
| Parental benefits** | 3,146.9 | 3,645.4 | 3,555.3 |
| Sickness benefits | 1,990.9 | 2,469.0 | 2,047.1 |
| Maternity benefits | 1,303.3 | 1,503.5 | 1,386.2 |
| Other special benefits*** | 155.1 | 184.7 | 167.5 |
| Special benefits for self-employed | 12.4 | 16.7 | 15.1 |
| Total income benefits | 31,538.5 | 36,964.5 | 19,677.8 |
| Less: Benefit repayments**** | (269.8) | (513.3) | (262.6) |
| Total Part-I: Employment Insurance benefits | 31,268.7 | 36,451.3 | 19,415.2 |
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.
Source: Government of Canada, Public Accounts of Canada 2023, Volume I: Summary Report and Consolidated Financial Statements (Ottawa: Receiver General for Canada, 2023) and past year versions of the Public Accounts report.
| Category | 2020‑21 | 2021‑22 | 2022‑23 |
|---|---|---|---|
| Employment benefits* | 2,300.0 | 2,375.0 | 2,344.2 |
| Support measures | 143.4 | 137.3 | 145.5 |
| Labour market partnerships | 141.2 | 135.4 | 143.9 |
| Research and innovation | 2.2 | 1.9 | 1.7 |
| Total Part-II: Employment benefits and support measures | 2,443.4 | 2,512.3 | 2,489.8 |
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.
| Category | 2020‑21 | 2021‑22 | 2022‑23 |
|---|---|---|---|
| Employment and Social Development Canada - Personnel related-costs | 1,361.9 | 1,462.1 | 1,509.5 |
| Employment and Social Development Canada - Non-personnel related costs | 600.1 | 601.5 | 625.8 |
| Canada Revenue Agency - Collection of premiums and rulings | 280.3 | 260.5 | 244.9 |
| Treasury Board Secretariat - Health Insurance Plan and Public Service Insurance | 103.3 | 117.8 | 129.9 |
| Administrative Tribunals Support Service of Canada - Social Security Tribunal | 14.0 | 13.6 | 16.4 |
| Courts Administration Services | 1.0 | 0.8 | 1.7 |
| Less: Recovery of costs from the Canada Pension Plan for maintaining the social insurance number registry | (4.7) | (-7.9) | (7.2) |
| Total administration costs: Related parties | 2,355.9 | 2,448.5 | 2,520.9 |
| Total administration costs: External parties (administration costs incurred by provinces and territories under the LMDA) | 191.8 | 191.8 | 189.0 |
| Total administration costs | 2,547.7 | 2,640.2 | 2,709.9 |
Note: Data may not add up to the total due to rounding.
Source: Government of Canada, Public Accounts of Canada 2023, Volume I: Summary Report and Consolidated Financial Statements (Ottawa: Receiver General for Canada, 2023) and past year versions of the Public Accounts report.
| Category | 2020‑21 | 2021‑22 | 2022‑23 |
|---|---|---|---|
| Total revenues and funding | 22,896.5 | 24,333.7 | 27,472.9 |
| Expenditures: Employment Insurance benefits (Part I) | 31,268.7 | 36,451.3 | 19,415.2 |
| Expenditures: Employment benefits and support measures (Part II) | 2,443.4 | 2,512.3 | 2,489.8 |
| Expenditures: Employment Insurance Emergency Response Benefit* | 24,644.3 | (40.5) | (69.5) |
| Administrative costs | 2,547.7 | 2,640.2 | 2,709.9 |
| Bad debts | 934.3 | (58.4) | (350.5) |
| Total expenditures | 61,838.3 | 41,504.9 | 24,194.9 |
| Funding from the Government of Canada - Employment Insurance Emergency Response Benefit** | 27,331.4 | (94.7) | (483.4) |
| Net surplus for the year | (11,610.3) | (17,265.9) | 2,794.7 |
| Accumulated surplus (deficit) at beginning of year | 3,904.5 | (7,705.8) | (24,971.7) |
| Accumulated surplus (deficit) at end of year | (7,705.8) | (24,971.7) | (22,177.0) |
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 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 (EI-ERB), 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 recognized is comprised of EI-ERB expenditures, incremental costs related to the administration of the EI-ERB, overpayments established and bad debts related expense.
Source: Government of Canada, Public Accounts of Canada 2023, Volume I: Summary Report and Consolidated Financial Statements (Ottawa: Receiver General for Canada, 2023) and past year versions of the Public Accounts report.
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