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This enactment amends the Employment Insurance Act as follows:
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(a) a person who has worked at least 300 hours during her qualifying
period eligible for special benefits;
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(b) maximum weekly insurable earnings are calculated in accor
dance with the standards set out in the former Unemployment
Insurance Act;
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(c) weekly insurable earnings are the average insurable earnings of
the claimant for the number of weeks, set out in a table, in which the
claimant had the highest insurable earnings in the rate calculation
period;
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(d) section 15 providing for a reduction in the weekly benefit rate
payable to a claimant is repealed;
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(e) Schedule I (Table of Weeks of Benefit) is modify;
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(f) the obligation for the Canada Employment Insurance Commis
sion to fix the premium rate with the approval of the Governor in
Council on the recommendation of the Minister of Human Re
sources Development is amended and the Commission sets the
premium rate by itself;
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(g) On September 1 of each and every year, the amounts received in
the preceding financial year by the Consolidated Revenue Fund
under the Employment Insurance Act that have not been used by the
Consolidated Revenue Fund to meet its obligations under this Act
during that financial year are credited to the Employment Insurance
Account;
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(h) the concept of a new entrant or re-entrant to the labour force is
repealed;
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(i) the threshold for insurable employment above which employees'
premiums are refundable is increased from $2,000 to $5,000; and
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(j) The portion of earnings, received by an employment insurance
claimant during a period of unemploment that may be retained by the
claimant is amended.
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