Highlights of federal reporting requirements

The Canada Revenue Agency (CRA) would like to emphasize to employers who have employees working in Quebec the following points regarding federal reporting requirements:

• All employers who have employees working in Quebec have to deduct a reduced employment insurance (EI) premium rate for their employees. At the end of each year, the CRA provides employers with the reduced EI rate for the following year.
• The CRA and Revenu Québec reconcile adjustments to EI and Quebec Parental Insurance Plan (QPIP) premiums for trans-border employees. Adjustments between the EI and QPIP deductions are resolved when clients file their income tax and benefits return.
• The EI maximum insurable earnings remain the same for all provinces and territories and continue to be set by the federal government.