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Canadian Employment Insurance Payments Surge 32% as Cumulative Deficit Grows

the deep dive [Unofficial] February 7, 2026
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Employment Insurance benefit payments in Canada jumped 32.5% in November 2025 compared to the same month a year earlier, reaching $2.306 billion as unemployment pressures mounted across the country. The November increase brought total EI benefit spending from April through November 2025 to $17.857 billion, up 17.7% from the previous fiscal year. Canada’s unemployment rate […] The post Canadian Employment Insurance Payments Surge 32% as Cumulative Deficit Grows appeared first on the deep dive.

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