Contributions to unemployment insurance savings accounts would remain the personal property of the account holder.
Employees will bear a large portion of the cost of higher EI premium rates in the form of lower wages.
The rest of the country may not be willing to subsidize Atlantic Canadian seasonal workers like in the past.
EI benefits are based on unemployment in each of Canada’s 62 EI regions.
The $3.8 billion program will provide up to $25,000 in subsidies per employer.