A Registered Retirement Savings Plan (RRSP) is a special account you can use to save money for your retirement. It is sometimes also called an RSP or Retirement Savings Plan.
You might get some tax benefits by saving money in this type of account. There are also rules you must follow to put money in the account.
Earnings exemptions are the rules that let you earn some money without Ontario Works or the Ontario Disability Support Program reducing the amount they give you by the full amount you earn.
Your net earnings are what’s left after your employer takes income tax and other things like Canada Pension Plan or Employment Insurance contributions or union dues from your pay.
Some people call this “take-home pay”.
An inheritance is money or other property that you get from someone who has died. It can include life insurance money that you get when someone dies.
Most inheritances come from a parent, another relative, or a close friend.
Your qualifying period is usually the last 52 weeks before the start of your Employment Insurance claim. To figure out your qualifying period, start on the Sunday before you had an interruption of earnings, and then count backwards 52 weeks from there.
Insurable employment means that you're doing a job that's covered by Employment Insurance (EI). Most jobs are covered if you're an employee. This applies even if you do not have a written contract. And it does not matter how you're paid, for example, if you get a salary or are paid by the hour. If you work for yourself, you're usually not...
You might qualify for special EI benefits if you need time off work for certain reasons. Special EI benefits include maternity, parental, sickness, compassionate care, and parents of critically ill children benefits.
You might qualify for regular EI benefits when you lose your job or stop working for reasons beyond your control.
Quarantine means that you are being kept away from other people because you may have been exposed to someone with a serious illness.
The Employment Standards Act (ESA) provides the minimum standards for most employees working in Ontario. The ESA sets out the rights and responsibilities of employees and employers in most Ontario workplaces.