On May 19, 2010, the Department of Finance released proposed changes to the Harmonized Sales Tax (“HST”) rules covering the supply of financial services relating to the calculation of the provincial component of the HST under the Excise Tax Act. As outlined in the government Backgrounder, the proposed changes would affect, among others, mutual funds,…
Industry: Municipalities & Municipal Agencies
Ontario’s Pension Reform Legislation Receives Royal Assent
On May 18, 2010, Bill 236, the Pension Benefits Amendment Act, 2010 received Royal Assent. A number of the Bill 236 amendments are now in force, while others will come into force later this year. Supporting regulations are also expected to be introduced. As previously reported, Bill 236 carried at Third Reading on May 5,…
Ontario’s Wage Freeze Bill Passes Third Reading, Receives Royal Assent
On May 18, 2010, Bill 16, the Creating the Foundation for Jobs and Growth Act, 2010 carried at Third Reading and received Royal Assent. As previously reported, Bill 16 was reported as amended by the Standing Committee on Finance and Economic Affairs on May 6, 2010. Originally introduced on March 26, 2010, the Bill is omnibus…
New Legislation to Amend Employment Standards Act, 2000
On May 17, 2010, the Ontario government introduced Bill 68, the Open For Business Act, 2010, omnibus legislation that would amend various acts, including the Employment Standards Act, 2000. If passed, these amendments would in part: allow the Director of Employment Standards to require claimants to provide specific information and let their employer know about…
Private Member’s Pension Bill Passes Second Reading, Referred to Committee
On May 13, 2010, Bill 54, the Retirement Savings Plans for Employees and Self-Employed Persons Act, 2010 was referred to the Standing Committee on Finance and Economic Affairs. Bill 54 is a Private Member’s Public Bill, first introduced on May 5, 2010. As outlined in our FAQ section, historically, very few Private Member Bills progress beyond the…
New Federal Pension Regulation Amendments Proposed
On May, 8, 2010, the Federal government published proposed amendments to the Pension Benefits Standards Regulations, 1985. The proposed amendments would: amend the funding rules to adopt a new standard for establishing minimum funding requirements on a solvency basis using average (rather than current) solvency ratios to determine minimum funding requirements; introduce a solvency margin…
Mandatory Reporting of Internet Child Pornography by “Persons” Providing an Internet Service
On May 6, 2010, the Federal government introduced Bill C-22, the Protecting Children From Online Sexual Exploitation Act, legislation that would impose mandatory duty on “persons” (defined to include individuals, corporations, partnerships, unincorporated associations or organizations) providing an “internet service” (internet access, e-mail or internet content hosting) to report child pornography in specific cases. This…
Ontario’s Wage Freeze Legislation Ordered for Third Reading
On May 6, 2010, the Creating the Foundation for Jobs and Growth Act, 2010 (Bill 16) was reported as amended by the Standing Committee on Finance and Economic Affairs. Originally introduced on March 26, 2010, the Bill is omnibus legislation amending various Acts to give effect to the initiatives outlined in its 2010 Budget. Of…
Ontario Passes New Pension Reform Legislation
On May 5, 2010, Bill 236, the Pension Benefits Amendment Act, 2010 carried at Third Reading, and is expected to receive Royal Assent. Bill 236 was reported as amended by the Standing Committee on Finance and Economic Affairs on April 19, 2010.
WSIB Changes Its Practice on the Payment of Loss of Earnings Benefits
Effective December 7, 2009, the Ontario Workplace Safety and Insurance Board (“WSIB”) changed its operational practice of paying loss of earnings (“LOE”) benefits even when a worker is no longer in the workforce and has no loss of earnings. This change in practice followed a series of successful employer challenges argued by Hicks Morley lawyers…