Hi. I'm currently on EI and stocks I've purchased with my previous company is doing well right now.
They were purchased through an employee stock purchase plan. They collected a bit from our checks for a period of time. At the end of the period, they look at the market value at the start and end of the period. We buy at the lowest of those two points.
I'm thinking about selling them (about $18k right now) and wanted to know if I had to report it as earning on EI. I called EI, they didn't know and would have a specialist call me back. But I was hoping to sell today and it's up again.
Thanks in advance.
Investment income is not considered to be employment income.
If you were on welfare then obviously it would be a different story.
If they had a matching % contribution then it would have already been a factor in your income.
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