Budget 2018 proposed a new five-week Employment Insurance (EI) Parental Sharing Benefit that will be available as a “use it or lose it” benefit top-up when both parents agree to share parental leave, starting March 17, 2019. Now Finance Canada offers further details with Bill C-86 on how the program will work to benefit Canadians.
Bill C-86, the second Budget Implementation Act, tabled with the House of Commons on October 29 furthers gender equality initiatives prioritized. The program originally set to launch in June 2019, will now be offered to parents earlier – as of March 17, 2019 This according to a September announcement by Employment and Social Development Canada.
This benefit will provide additional weeks of parental benefits when parents, including adoptive and same-sex couples, agree to share parental leave. Employment and Social Development Canada has indicated that the goal is to encourage Canadians to share parenting roles equally, as currently 85 of all parental claims are made by women.
"Providing women with equal economic opportunities will drive innovation and support middle class families. The new parental sharing benefit will give parents extra flexibility and encourage Canadians to share the work of raising their children more equally,” said, Jean-Yves Duclos, Minster of Families, Children and Social Development.
How will the changes enhance parental benefits? Under the new Employment Insurance Parental Sharing Benefit:
Equivalent rules would apply to Employment Insurance extended parental benefits with 61 weeks as the limit for one parent, and up to 69 weeks available in total (paid at 33 percent of average weekly earnings).
Additional educational resources:
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