Category: Legislation & Regulations
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Manitoba (Re)Introduced Bill 8 re Pension Benefits Act
Manitoba introduced Bill 8, The Pension Benefits Amendment Act, for first reading on October 14, 2020. Bill 8 includes the following amendments to the Manitoba Pension Benefits Act (PBA . . .
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Federal Amendments re EI & Wage Subsidy
The federal government published an interim order amending the Employment Insurance Act and amendments to the Income Tax Regulations related to COVID-19 relief . . .
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Quebec Bill 68 re Target Benefit Plans
Quebec introduced Bill 68, An Act mainly to allow the establishment of target benefit pension plans, for first reading on October 7, 2020. Bill 68 amends the Supplemental Pension Plans Act, to permit the establishment of target benefit pension plans . . .
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Ontario Bill 213 Includes PBA Amendments
Ontario introduced Bill 213, Better for People, Smarter for Business Act, 2020, for first reading on October 6, 2020. Bill 213 includes amendments to the Pension Benefits Act (PBA) expanding the Financial Services Regulatory Authority's (FSRA) powers to waive PBA notice requirements and make its own rules regarding notice requirements . . .
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Federal Government Passes Bill C-4 re Further COVID-19 Relief
Federal Bill C-4, An Act relating to certain measures in response to COVID-19, received Royal Assent on October 2, 2020. Bill C-4 enacts the Canada Recovery Benefits Act and amends the Canada Labour Code . . .
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Federal Amendments re CPP
The federal government published an amendment to the Canada Pension Plan Regulations. The amendment extends the period for people who are proactively enrolled in CPP (at age 70) to cancel their enrolment and pay back any benefits received . . .
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Federal Government Introduces Bill C-4 re Response to COVID-19
The federal government introduced Bill C-4, An Act relating to certain measures in response to COVID-19, for first reading on September 28, 2020. Bill C-4 replaces Bill C-2, which was introduced last week (see my earlier post). Bill C-4 includes changes to: the paid sick leave provision in the Canada Recovery Benefits Act and the COVID-19 leave of absence provision in the Canada Labour Code (the Code . . .
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Federal Government Introduces Bill C-2 re Response to COVID-19
The federal government introduced Bill C-2, An Act relating to economic recovery in response to COVID-19, for first reading on September 24, 2020. Bill C-2 enacts the Canada Recovery Benefits Act and amends the Canada Labour Code . . .
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Quebec Draft Regulation re Exemption of Certain Pension Plans
To permit a pension plan merger, Quebec has published a draft regulation exempting the merging plans from the application of certain requirements of the Supplemental Pension Plans Act (SPPA . . .
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Ontario Amends Regulation re Funding Relief
In response to COVID-19, Ontario filed Regulation 520/20, amending the General Regulation to provide temporary funding relief effective September 21, 2020 . . .
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