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Unemployment insurance, now called 'employment insurance', was introduced by the federal government in which year?

  1. 1965

  2. 1940

  3. 1927

  4. 1951

The correct answer is: 1940

Unemployment insurance, now known as 'employment insurance', was introduced by the federal government in 1940. This introduction was a significant milestone in Canada's social welfare system, providing support for workers who become unemployed through no fault of their own. This program aimed to alleviate financial hardships during periods of job loss, contributing to the overall well-being of Canadians. Option B is correct because it accurately identifies the year when this important social program was first established. Option A (1965), Option C (1927), and Option D (1951) are incorrect as they do not align with the historical timeline of when unemployment insurance, now called employment insurance, was actually introduced by the federal government in Canada.