As lobbying efforts intensify to keep Canadian Nuclear Laboratories’ employees in the public service pension, plans are moving ahead to convert a multi-union, multi-employer plan into a target-benefit arrangement. Collective agreements ratified in September 2015 between the United Steelworkers union and CNL state that employees hired before that date would stay in the public plan until September 2018, […]
While a new report shows that introducing a tax on employer-paid health benefits would add $3.8 billion to the federal government’s coffers in the 2018 tax year, it would also dramatically raise health-care costs for many Canadians, according to the Canadian Life and Health Insurance Association. Tasked with measuring the federal fiscal impact of including employer-paid health […]
Earlier this month, the Pension Investment Association of Canada came out in support of Ontario’s proposed regulations for variable benefits from defined contribution pension plans. The support came with a caveat, however. “PIAC supports the proposal that the provision of variable benefits from DC plans is voluntary for employers,” Brenda King, chair of the association, […]
In advance of Ontario’s election on June 7, the Human Resources Professionals Association is setting out several recommendations for the province’s political parties, including more clarity around recreational marijuana rules. In light of the drug’s impending legalization, the HRPA’s election suggestions call for setting a clear legal definition of impairment as well as the grounds under which an employer […]
New federal legislation around pharmaceutical patents will impose significant costs on public and private drug plans, the parliamentary budget officer is predicting. The legislation would have cost drug plans and consumers an extra $392 million in 2015 had it been in place that year, the report, released in late April, estimates. Of that, $214 million […]
Ontario passed pay transparency legislation on Thursday, making it the first province to do so. Beginning Jan. 1, 2019, the province will require all job postings advertised publicly to include salary rate or range information, prohibit employers from asking candidates about past compensation and ban reprisals against workers who discuss or disclose their pay, according to […]
A federal spending watchdog says it could cost federal coffers more than $76 billion a year to provide a national, guaranteed minimum income similar to the one being tested in Ontario. The parliamentary budget officer says the federal government would have to find about $43.1 billion to cover the full cost of the program because […]
The Alberta government is bringing excessive salaries for the province’s post-secondary presidents in line with the national average, eliminating perks and setting guidelines for health and retirement benefits under a new compensation framework. Coming in April 15, this is the latest step in the government’s agencies, boards and commissions review, which is aiming to save the government about $33 million […]
Following in the footsteps of other Canadian provinces, Quebec has introduced a bill to amend its labour laws that includes changes to sick leave entitlements. Currently, employees in Quebec can take to up to 26 weeks of unpaid leave annually due to sickness, organ or tissue donation, an accident, domestic violence or a criminal offence. The latest proposals include two […]
Ontario has published a description of its proposed regulations around the payment of variable benefits from defined contribution pension plans one year after announcing its intention to permit the option. The provincial government announced its plans in its 2017 budget. Once passed, Ontario will follow in the footsteps of other jurisdictions allowing the option, including British Columbia, Alberta, Manitoba, […]