When my daughter was born, my aunt told me that babies bring their own love with them. But a new addition to the family also brings new expenses, particularly for self-employed parents who until now have been unable to collect maternity or parental benefits under the federal Employment Insurance program.
To address this long-standing problem as of tomorrow, Canadians who earned a minimum of $6,000 of self-employed income in 2010 will be able to register for EI and become eligible for maternity, parental, sickness and compassionate care benefits (collectively called “special benefits”).
If you choose to take advantage of EI special benefits you will have to register and pay into the system at least one year prior to claiming benefits. However, if you become pregnant in the next few months you’ll get a break. As a transitional provision in the first year, those who register on or before April 1, 2010, will be able to make a claim for benefits as early as January 1, 2011. READ MORE