Highlights from the Federal Government’s 2024 Fall Economic Statement

On December 16, 2024, the federal government issued its 2024 Fall Economic Statement. The Statement covers a wide array of initiatives including several proposals that, if they were to be implemented, will be of interest to employers, human resources professionals and pension plan administrators. Early Retirement Benefits in the Public Service The government has proposed…

The Law Society of Ontario: The Eight-Minute Labour Lawyer 2023

If you are a labour lawyer, the Law Society of Ontario’s “Eight-Minute” is the go-to program for the busy legal practitioner. The time limit for each speaker ensures concise, compelling presentations with keen analysis on developments in labour law.

Human Resources Professionals Association (HRPA): Canadian Pensions Certificate Program

The landscape of pension and retirement savings has become much more complex over the years. Longer life expectancies and workplace demographics that often skew toward the more mature end of the spectrum are also complicating factors. As pension law and regulation continue to evolve, a good understanding of the legal framework, best practices and risk management is critical to successful plan administration.

Federal Government Publishes Technical Amendments to the Income Tax Regulations Impacting Pension Plans and Employee Stock Option Plans

On December 4, 2024, the federal government published technical amendments to the Income Tax Regulations in the Canada Gazette. These technical amendments will implement measures that were initially released for public consultation in August 2022 and August 2023, and many will be retroactively coming into force as of their respective date of announcement (or earlier)….

Employee’s $76,000 Claim for Vested Stock Units Barred by Wrongful Dismissal Settlement and Release

Settlement agreements require careful attention to both present and future entitlements, as highlighted by the Ontario Court of Appeal’s recent decision in Preston v. Cervus Equipment Corporation. The Court held that the scope of an executed release, indemnity and minutes of settlement (the Settlement Documents) precluded an employee’s subsequent claim to vested stock units, despite…

Ontario Budget Bill Receives Royal Assent

As discussed in our April 3, 2024 FTR Now, on March 26, 2024, the Ontario government tabled its 2024 Budget and introduced Bill 180, Building a Better Ontario Act (Budget Measures), 2024 (Bill 180). Bill 180 received Royal Assent on May 16, 2024. Employers, human resources professionals and pension plan administrators should be aware of…

Highlights of the 2024 Ontario Budget

On March 26, 2024, the Ontario government tabled its 2024 budget, “Building a Better Ontario” (Budget) and Bill 180, Building a Better Ontario Act (Budget Measures), 2024 (Bill 180). In this FTR Now, we highlight information contained in the Budget and Bill 180 that is of broad interest to employers, human resources professionals and pension…