On August 10, 2012, the federal government published proposed regulations to support the Pooled Registered Pension Plans Act (“PRPP Act”). The Pooled Registered Pension Plan Regulations provide supporting details for the provisions of the PRPP Act respecting: the licensing conditions for a Pooled Registered Pension Plan (“PRPP”) administrator; the management and investment of funds in…
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Federal Government Creates Panel on Labour Market Opportunities for Persons with Disabilities
Further to its Economic Action Plan 2012, the federal government has announced the creation of a Panel on Labour Market Opportunities for Persons with Disabilities. The Panel has been charged with identifying private sector successes and best practices regarding labour market participation of persons with disabilities. It will also identify barriers and disincentives to employment…
House of Commons Adjourns Until September 17, 2012
On Thursday, June 21, 2012, the federal House of Commons adjourned until 11:00 a.m. (EDT) on Monday, September 17, 2012.
EI Regulations Giving Effect to Federal Budget 2012 Initiatives Now in Force
On June 20, 2012, Regulations Amending The Employment Insurance Regulations (“Regulations”) were registered and are now in force. Pilot Project No. 14, Pilot Project for Calculating Benefit Rate Based on Claimant’s 14 Highest Weeks of Insurance Earnings (Best 14 Weeks), previously scheduled to end on June 23, 2012, is extended by the Regulations and will…
Regulatory Amendments Proposed to Allow CPPIB/PSPIB to Rely on Prudent Person Standard
On June 23, 2012, the federal government published a proposed amendment to the Canada Pension Plan Investment Board Regulations which would repeal section 12 of the Regulations. That section establishes quantitative investment limits in respect of Canadian resource and real properties. Repeal of this section would align the Regulations with the Pension Benefits Standards Regulation,…
Federal Budget Bill Receives Royal Assent
On June 29, 2012, Bill C-38, Jobs, Growth and Long-term Prosperity Act, received Royal Assent. Bill C-38 is omnibus legislation intended to give effect to certain key initiatives outlined in the federal government’s Budget 2012. For more information about Bill C-38, see our April 27, 2012 blog post and our FTR Now, “Federal Budget 2012…
Gender Identity, Gender Expression Amendments to Human Rights Code Now In Force
On June 19, 2012, Bill 33, Toby’s Act (Right to be Free from Discrimination and Harassment Because of Gender Identity or Gender Expression), 2012 received Royal Assent and came into force on that date. As previously reported, Bill 33 amends the Human Rights Code to specify that every person has a right to equal treatment…
Amendments to Canada Occupational Health and Safety Regulations Proposed
On June 16, 2012, the federal government published draft regulations made under the Canada Labour Code which propose amendments to, among other things, the Canada Occupational Health and Safety Regulations. Generally, the proposed amendments would repeal the requirement for organizations to seek the approval of the Minister of Labour to deliver first-aid courses. This would…
Pooled Registered Pension Plan Act Receives Royal Assent
The federal government has announced that Bill C-25, An Act relating to pooled registered pension plans and making related amendments to other Acts, will receive Royal Assent today, June 28, 2012. As previously reported, Bill C-25 is new legislation implementing the framework for federally regulated pooled registered pension plans (“PRPPs”).
House of Commons Passes the Federal Budget Implementation Bill (C-38)
On June 18, 2012, after voting on over 800 proposed amendments, the House of Commons passed Bill C-38, Jobs, Growth and Long-term Prosperity Act, the omnibus legislation intended to give effect to certain key initiatives outlined in its Budget 2012. Bill C-38 now moves to the Senate for review and confirmation. For more information about…