On July 30, 2012, the Ontario Ministry of Finance posted details of a proposed, supporting regulation to implement the new framework for letters of credit under the yet to be proclaimed section 55.2 of the Pension Benefits Act (“PBA”). As noted in our “Pension Reform Measures in Ontario Have Arrived” FTR Now of July 27,…
Search Results for: Read Breaking News Today cleantalkorg2.ru bbc news CNN International news today in the world fox news breaking newstoday Breaking News World News
883 Results
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,…
MOL Safety Blitz Targets Construction Sites and Surface Mines
The Ontario government has announced that during the months of July and August 2012, the Ministry of Labour (“MOL”) will perform safety blitzes of construction sites and surface mines across Ontario. MOL inspectors will: check construction sites for hazards involving tower and mobile cranes; target activities involving the transportation of stone, sand, gravel and other…
Anti-Bullying Bill Receives Royal Assent
On June 19, 2012, Bill 13, the Accepting Schools Act, 2012, received Royal Assent. Section 7 (Bullying Awareness and Prevention Week) came into force upon Royal Assent. As previously reported, the remaining sections of the Bill will come into force on September 1, 2012.
Reaching Out – First Edition
Dear Friends, The Social Service Sector Practice Group is pleased to introduce its first FTR Now edition of Reaching Out. Reaching Out is our Social Service Update designed to provide you with legal updates on new and developing cases, trends and topics that are relevant to your sector and which provide you with information and…
Ontario Files BPS Solvency Funding Relief, JSPP Funding Rules and Filing of Actuarial Valuations Regulation
On June 22, 2012, the Ontario government filed O. Reg 164/12 made under the Pension Benefits Act, amending Regulation 909 (General). Generally speaking, plan administrators are required to file actuarial valuations within nine months from the date of the valuation. O. Reg 164/12 provides an extension to the window for filing actuarial valuations in accordance…
Changes to WSIB Insurance Fund to Come into Force January 2013
The Ontario government has proclaimed subsections 1(2), 2(2), 3(2) and 5(1) of Schedule 21 of the Helping Ontario Families and Managing Responsibly Act, 2010, which amends the Workplace Safety and Insurance Act, 1997, into force on January 1, 2013. Among other things, the amendments provide for changes to the Workplace Safety and Insurance Board’s insurance…
ESA Compliance Blitz to Target Temporary Workers, Agencies
Throughout June, July and August of 2012, the Ontario government will be conducting targeted inspections of temporary employee agencies across the province to ensure compliance with the Employment Standards Act, 2000. The blitz will focus on the following: minimum wage; vacation pay; public holidays, including time off and public holiday pay; and rules related to…
New WSIB Insurance Fund, Temporary Indexing Regulations Filed
On June 5, 2012, the Ontario government filed O. Reg 141/12 “Insurance Fund,” made under the Workplace Safety and Insurance Act (“Act”). In part, the regulation requires the Workplace Safety and Insurance Board (“WSIB”) to ensure the insurance fund meets the following sufficiency ratios by the following dates: 60 per cent on or before December…