Annex 5: Employment Insurance financial information
Official title: Employment Insurance Monitoring and Assessment Report for the fiscal year beginning April 1, 2024, and ending March 31, 2025: Annex 5: Employment Insurance financial information.
This is the complete list of abbreviations for the Employment Insurance Monitoring and Assessment Report for the fiscal year beginning April 1, 2024 and ending March 31, 2025.
ACG
Apprenticeship Completion Grants
ADR
Alternative Dispute Resolution
AI
Artificial Intelligence
AIG
Apprenticeship Incentive Grants
B/C
Benefits-to-Contributions
B/U
Beneficiary-to-Unemployed (rate)
B/UC
Beneficiary-to-Unemployed Contributor (rate)
BDM
Benefits Delivery Modernization
CAL
Canada Apprenticeship Loans
CEEDD
Canadian Employer-Employee Dynamics Database
CCB
Compassionate Care Benefits
CCDA
Canadian Council of Directors of Apprenticeship
CEIC
Canada Employment Insurance Commission
CEIFB
Canada Employment Insurance Financing Board
CFP
Call for Proposals
CIRNAC
Crown-Indigenous Relations and Northern Affairs Canada
Statement of operations and accumulated surplus (deficit) for the year ended March 31Footnote 1
Table 1: Revenues and funding ($ millions)
Category
2022-23
2023-24
2024-25
Premiums
27,422.1
30,156.6
32,104.4
Interest*
29.5
44.0
53.8
Penalties
21.3
72.5
83.5
Total revenues and funding
27,472.9
30,273.1
32,241.7
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 2025, Volume I: Summary Report and Consolidated Financial Statements (Ottawa: Receiver General for Canada, 2025) and past year versions of the Public Accounts report.
Table 2: Part I - Employment Insurance benefits expenditures* ($ millions)
Category
2022-23
2023-24
2024-25
Regular benefits
12,090.5
12,834.5
14,228.3
Fishing benefits
384.9
367.7
386.5
Work-Sharing benefits
31.1
39.8
55.0
Parental benefits**
3,555.3
3,593.6
3,843.0
Sickness benefits
2,047.1
2,779.0
3,033.0
Maternity benefits
1,386.2
1,462.5
1,562.8
Other special benefits***
167.5
187.5
203.4
Special benefits for self-employed
15.1
17.8
21.1
Total income benefits
19,677.8
21,282.4
23,333.0
Less: Benefit repayments****
(262.6)
(291.0)
(349.7)
Total Part-I: Employment Insurance benefits
19,415.2
20,991.3
22,983.3
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 2025, Volume I: Summary Report and Consolidated Financial Statements (Ottawa: Receiver General for Canada, 2025) and past year versions of the Public Accounts reports.
Table 3: Part II - Employment Insurance benefits and support measures expenditures* ($ millions)
Category
2022-23
2023-24
2024-25
Employment benefits**
2,344.2
2,373.8
1,946.7
Support measures
145.5
150.3
149.8
Total Part-II: Employment benefits and support measures
2,489.8
2,524.1
2,096.5
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.
** 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 2025, Volume I: Summary Report and Consolidated Financial Statements (Ottawa: Receiver General for Canada, 2025) and past year versions of the Public Accounts report.
Table 4: Administration costs ($ millions)
Category
2022-23
2023-24
2024-25
Employment and Social Development Canada - Personnel related-costs
1,509.5
1,720.1
1,650.2
Employment and Social Development Canada - Non-personnel related costs
625.8
563.3
599.1
Canada Revenue Agency - Collection of premiums and rulings
244.9
253.0
251.9
Treasury Board Secretariat - Health Insurance Plan and Public Service Insurance
129.9
151.1
139.5
Administrative Tribunals Support Service of Canada - Social Security Tribunal
16.4
20.2
19.0
Courts Administration Services
1.7
1.7
1.2
Less: Recovery of costs from the Canada Pension Plan for maintaining the social insurance number registry
(7.2)
(7.1)
(5.4)
Total administration costs: Related parties
2,520.9
2,702.4
2,655.5
Total administration costs: External parties (administration costs incurred by provinces and territories under the LMDA)
189.0
187.4
191.5
Total administration costs
2,709.9
2,889.8
2,847.0
Note: Data may not add up to the total due to rounding.
Source: Government of Canada, Public Accounts of Canada 2025, Volume I: Summary Report and Consolidated Financial Statements (Ottawa: Receiver General for Canada, 2025) and past year versions of the Public Accounts report.
Funding from the Government of Canada - Employment Insurance Emergency Response Benefit*
(483.4)
(225.8)
(21.2)
Net surplus for the year
2,794.7
3,740.0
4,186.5
Accumulated surplus (deficit) at beginning of year
(24,971.7)
(22,177.0)
(18,437.0)
Accumulated surplus (deficit) at end of year
(22,177.0)
(18,437.0)
(14,250.4)
Note: Data may not add up to the total due to rounding.
* 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 2025, Volume I: Summary Report and Consolidated Financial Statements (Ottawa: Receiver General for Canada, 2025) and past year versions of the Public Accounts report.
