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UI premiums up

Year Published:  1992  
Resource Type:  Article

Abstract:  The federal Progressive Conservative government raised unemployment insurance premiums by 24 per cent on July 1. The boost is to make up for the withdrawal of $2 billion of federal funding for the program. The increase is in spite of a promise by the Minister of Finance in 1990 that there would be no further unemployment insurance premium increases for three years.

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