OSFI Sets 2027 EI Break-Even Premium Rate at 1.62% with MIE Rising to USD-Equivalent CAD $70,800
OSFI's Office of the Chief Actuary published the 2027 Employment Insurance actuarial report, projecting a 7-year forecast break-even rate of 1.62% for employees (2.27% for employers), down slightly from 1.63% in 2026. Maximum insurable earnings rise 2.8% to CAD $70,800, and the EI Operating Account deficit is forecast at CAD $15.2 Billion. Payroll, HR, and compliance teams at employers must update withholding and premium calculations, and those with qualified wage-loss plans should review the revised premium reductions.


