The employer's EI contribution is 1.4 times that of the employee's deduction.

Name: The employer's EI contribution is 1.4 times that of the employee's deduction.
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Quizplus · Accepted Answer

This is correct according to the current EI contribution rates in Canada. As of 2021, the employee EI deduction rate is 1.58% of insurable earnings, while the employer EI contribution rate is 2.212%. 2.212 / 1.58 is approximately 1.4.

The Employer's EI Contribution Is 1