Bill C-265

SUMMARY

This enactment

(a) by lowering the threshold for becoming a major attachment claimant to 360 hours, makes special benefits available to those with that level of insurable employment;

(b) sets the benefit payable to 55% of the average weekly insurable earnings during the highest-paid 12 weeks in the 12-month period preceding the interruption of earnings; and

(c) reduces the qualifying period before receiving benefits and removes the distinctions made in the qualifying period on the basis of the regional unemployment rate.