Category: Legislation & Regulations
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Nova Scotia Proclaims in Force Bill 87 – Financial Hardship Withdrawals
Effective July 1, 2021, Nova Scotia proclaimed in force Bill 87, Pension Benefits Act (amended), and related amendments to the Pension Benefits Regulations . . .
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Federal Government Passes Bill C-30
The federal government passed Bill C-30, An Act to implement certain provisions of the budget tabled in Parliament on April 19, 2021 and other measures on June 29, 2021. The Bill includes amendments to the Pension Benefits Standards Act, 1985, Old Age Security Act, Canada Recovery Benefits Act, Employment Insurance Act and Canada Labour Code, as well as pension and benefit related amendments to the Income Tax Act and the Bank of Canada Act . . .
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PEI Passes Bill 6 re Beneficiary Designations
Prince Edward Island passed Bill 6, An Act to Amend the Designation of Beneficiaries Under Benefit Plans, on May 13, 2021. Bill 6 amends the Designation of Beneficiaries Under Benefit Plans Act, which governs beneficiary designations under PEI pension and benefit plans . . .
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Nova Scotia Amendments re Unlocking in Force July 1
Effective July 1, 2021, Nova Scotia proclaimed into force amendments to the Pension Benefits Act and the regulations*, which facilitate withdrawals from locked-in retirement accounts or life income funds in cases of financial hardship . . .
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Ontario Amends Infectious Disease Emergency Leave
Ontario published Regulation 412/21 amending the Infectious Disease Emergency Leave Regulation under the Employment Standards Act, 2000 . . .
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Quebec Passes Bill 74 re Budget Measures
Quebec passed Bill 74, An Act to give effect to fiscal measures announced in the Budget Speech delivered on 10 March 2020 and to certain other measures, on May 27, 2021 . . .
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Manitoba Passed Bill 8 re Pension Benefits Act
Manitoba Bill 8, The Pension Benefits Amendment Act, received Royal Assent on May 20, 2021 . . .
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Federal Update re Relief for Registered Pension Plans and Deferred Salary Leave Plans
The federal government announced that it is extending proposed amendments to the Income Tax Regulations initially released on July 2, 2020 that provide temporary relief to Registered Pension Plans (RPPs) and deferred salary leave plans (DSLPs . . .
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Status Update: Paid Sick Leave
Recently, several provinces have implemented paid sick days and/or government programs. Below is a quick recap of developments to date . . .
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Quebec Introduces Bill 96 re French Language
Québec introduced Bill 96, An Act respecting French, the official and common language of Québec on May 13, 2021. Bill 96, which is aimed at strengthening the use of French in Québec, includes numerous changes for workplaces . . .
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