What are my average weekly earnings?
Your average weekly earnings are your total self-employment earnings for the previous calendar year, divided by 52. Total self-employment earnings are your self-employment income minus any losses, as calculated according to the Income Tax Act. If you are a shareholder of a corporation and you control more than 40 percent of that corporation’s voting shares, your average weekly earnings are what would have been your total insurable earnings from that employment if the earnings were insurable, divided by 52. Insurable earnings include most of the types of compensation that employers provide to their employees. Your earnings from insurable employment (earnings as an employee) may also be used to calculate your average weekly earnings.
