Human Resources Legislative Update
Ontario Reintroduces the Plan to Build Act (Budget Measures), 2022
Date: August 11, 2022
On August 9, 2022, the Ontario government reintroduced the Plan to Build Act (Budget Measures), 2022 (Act) as Bill 2 for first reading.
The government tabled its 2022 Budget, Ontario’s Plan to Build, and originally introduced the Act as Bill 126 on April 28, 2022. That same day, the Ontario Legislature rose, and on June 2, 2022, the Ontario provincial election was held, resulting in the current government’s re-election.
As we covered in a previous Human Resources Legislative Update, the Budget reviews a number of initiatives previously announced (e.g. general minimum wage to increase to $15.50 on October 1, 2022, a commitment to consult on a target benefit plan framework and implement a permanent framework by the end of 2023 before the existing Specified Ontario Multi-Employer Pension Plan funding rules expire in 2024).
Editor’s Note: Bill 2 received Royal Assent on September 8, 2022.
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