Canadian Financial, Real Estate and Mortgage Glossary

How often this word is used
38% - Moderately

Employment Equity Act

Synonyms:discrimination, jobs, non-discriminate
Acronyms &
Relevant locations:Canada
Filed Under: financial-banking, legal-contracts
Tags: business, employment, labour, legislation

Definition of Employment Equity Act (EEA)

Employment Equity Act (EEA)
1. A federal statute that requires employers with 100 or more employees to eliminate any practices in the workplace discriminating against four designated groups of people who have historically been disadvantaged in the labour market: women; people who, by reason of race or colour, are members of visible minority groups; aboriginal peoples; and persons with disabilities.

Related Terms and Acronyms:

  • employers liability insurance (ELI)   Insurance purchased to cover businesses for liability from workplace accidents.
  • employment insurance (EI)   A Service Canada program where premiums are paid by taxpayers and benefits are provided for the unemployed.
      ➥  Formerly known as Unemployment Insurance (UI).

Search the Glossary

Mortgage Rates
Unlike the banks, you don't ever have to haggle with us over our rates. We will show you our best rates, right from the start. No fuss, no muss. Why don't you check out our mortgage rates right now?
Mortgage Rates
Easy-to-Use Mortgage Calculator
When Canadians buy their homes, they'll renew on average four times before the house is completely paid off. Want to see what your balance is at the end of your mortgage term? Just use our mortgage calculator to find out.
Pen On Calculator
Did you know? The average home loan in Barrhead is: Discover many more facts and statistics exclusively here at Mortgage Super Brokers.