Employment Insurance Regulations - Part I - Unemployment Benefits

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Current EI (Main) Regulations


PART I

ADJUSTMENT OF AMOUNT OF SELF-EMPLOYED EARNINGS

11.1 (1) The amount of self-employed earnings referred to in subparagraph 152.07(1)(d)(i) of the Act shall be adjusted annually on a compound basis, beginning on January 1, 2012, by the ratio referred to in paragraph 4(2)(b) of the Act.

(2) If the ratio referred to in subsection (1) is less than 1.0 and would result in an adjusted amount of less than $6,000, the ratio is deemed to be 1.0.

(3) If the adjusted amount calculated in accordance with subsections (1) and (2) is not a multiple of one dollar, that amount shall be rounded down to the nearest dollar.

SOR/2010-10, s. 4.