Liberals pledge to reform EI system

The federal Liberals are promising sweeping changes to the employment insurance system, including a reduction in premiums that won’t cut as much as what the Conservatives have promised.

The policy announced today would reduce EI premiums, increase spending to the provinces for skills training by $500 million per year and reduce wait times for recipients to receive their first payment.

The change in EI premiums would see them drop to $1.65 per $100 earned from $1.88.

That’s less than the $1.49 rate that the Tories promised in the 2015 budget, but the Liberals argue the extra $2 billion in revenue between the two figures would be reinvested under their plan.

The Liberals are also promising that if elected on Oct. 19, they would eliminate a rule that requires new workers or those re-entering the workforce after a two-year absence to work at least 910 hours before they become eligible for EI.

Instead, the threshold would be set regionally.

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All the changes would come into effect in the 2017 calendar year.

The Liberals unveiled the plan in New Brunswick as Justin Trudeau campaigns in the Maritimes, an area of the country where EI changes have angered many small communities that depend on the social safety program to help seasonal workers.

Earlier in the day, Trudeau spoke briefly about EI and jobs at a rally in Amherst, N.S., where he was peppered with questions about the possibility of a coalition government, should no party win a majority next month.

Trudeau said Canadians don’t want a coalition if a party wins a minority government after the election.

He says Liberals will always be open to working with others but the fact is, Canadians aren’t interested in formal coalitions.

Trudeau says Canadians want a clear government with a strong plan and come Oct. 19, that’s exactly what they’re going to get if they vote for the Liberal party.

Talk of the possibility of a coalition government has grown in recent days.

Conservative Leader Stephen Harper told CBC’s The National on Monday he would step down if his party doesn’t win the most seats in the election.

Bloc Quebecois Leader Gilles Duceppe said Monday he would be open to supporting a coalition with the New Democrats or the Liberals, but not the Conservatives.

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