Decrypting Canada's Labor Environment

With a mixture of emerging and booming economies, political uncertainty and extreme contrasts in business customs, the Americas can never be categorized as one homogeneous whole.

Here we take a look at how HR & Payroll works in Canada.

Social Security System

• Every employee in Canada is required to obtain a Social Insurance Number (SIN). Social security comprises:
  • Medical Benefits: The employer and employee contribution varies from province to province. In Alberta, Saskatchewan, New Brunswick, Nova Scotia, Prince Edward Island, Northwest Territories, Nunavut and Yukon provinces, the medical benefits are fully-sponsored by the government.
  • Employment Insurance: The employer's and employees' contribution is 2.63% and 1.88% of insurable earnings, respectively. For Quebec contribution is 2.16% and 1.54%, respectively.