3. GUARANTEED INCOME SUPPLEMENT
(adjusted quarterly)
Maximum Monthly (January 2007) Single:
Maximum Monthly (April) Couple:
Maximum Monthly Spouse's Allowance:
4. REGISTERED RETIREMENT SAVINGS PLANS:
Contribution Limits
18% of Income (to maximum of $20,000) less Pension Adjustments for benefits from Registered Pension Plans. Based on 2007 earnings and pension benefits.
B. EMPLOYMENT INSURANCE
Maximum Insurable Earnings:
Contribution Rate:
per $100 (Employee)
per $100 (Employer)
[Québec workers have reduced EI premiums ($1.39/$1.95 per person per $100), but also contribute to Québec Parental Insurance Plan (.45%/.63% on income to $60,500)]
Maximum Premiums:
Employee (annual)
Employer (annual)
Maximum Weekly Benefit:
C. MEDICARE PREMIUMS (monthly)
Alberta:
$44 single
$88 family
B.C.:
$54 single
$96 family of 2
$108 family of 3+
Manitoba:
Tax of 2.15% of payroll
Ontario:
Tax of 1.95% of payroll / Premium of up to $900 per year
Québec:
Tax of 4.26% of payroll / Premium of up to $1,000 per year