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Having a Baby

Parental Leave

Ready or not, being on parental leave will change how much money you’ll be making. If you’re eligible for Employment Insurance parental benefits (opens new window), it may not be enough to cover all your expenses. Not sure you’ll have enough? Use the Parental Leave Calculator to find out.


Complete your Employment Insurance (EI) application early. It takes up to 28 days to process the application.


Tax-Free Savings Account

A TFSA can be a great way to save for maternity leave – tax-free.

Learn More

Simply Save

Simply Save can help you build your savings - automatically.

Learn More

Parental Leave Calculator

See how much income you can expect during parental leave

Note for Intro

Before you start receiving EI benefits, there are two weeks for which you will not be paid. This is what we call the “waiting period.” You usually serve the waiting period at the very beginning of a benefit period, unless you receive earnings during this two-week period. In that case, the waiting period will start during the first week you’re entitled to benefits.


Annual income tip

The maximum benefits you can receive is based on an annual income of $47,400 or greater.



Select your province

Does your employer provide parental leave top-up payments?
Information tip

Some employers give employees on parental leave extra payments or a “top-up” to their EI benefits for a specified period of time. Find out from your employer if you're eligible for these additional benefits.


Your weekly income from Employment Insurance (EI) for 50 weeks will be $.*

Your weekly Employer top-up for the next
1 week will be $.*

*calculation amount based on applicable income taxes

Where do you go from here?

Visit your local TD Canada Trust branch(opens new window) or
call 1-866-222-3456 to discuss your options.

The calculator is for illustrative purposes only and assumes maximum Employment Insurance benefits for pregnancy (15 weeks) and parental leave (35 weeks). Actual payment amounts may vary.