Federally Regulated DB Pension Plans Given Temporary Relief as a Result of COVID-19

On April 15, 2020, the federal government announced that, effective immediately, it is providing temporary relief to sponsors of federally regulated defined benefit (DB) pension plans, in light of the pandemic’s negative effect on the economy and the resulting financial constraints faced by many sponsors. For the remainder of 2020, there will be a moratorium…

Federal Wage Subsidy Legislation Passed

On April 11, 2020, Bill C-14, the COVID-19 Emergency Response Act, No. 2, (Bill C-14), received Royal Assent after another emergency session of Parliament. Bill C-14 enacts the Canada Emergency Wage Subsidy (CEWS). It includes new details about which employers are eligible, and the calculation of gross revenue and the subsidy. On the same date, the federal government also updated its backgrounder describing the CEWS, reflecting the final form of the legislation.

Additional Details of Canada Emergency Wage Subsidy and Enhanced Summer Jobs Program Released

After making its initial announcement about the significantly expanded Canada Emergency Wage Subsidy (CEWS) program, the federal government announced on April 8, 2020, that it is introducing additional flexibility to the CEWS, and provided additional details about how the program will operate.

COVID-19 – Continuity of Pension Plan Administration and Related Regulatory Flexibility

During these uncertain times, pension plan administrators must continue to administer their pension plans and provide benefits to members, former members and retired members. Employers and pension plan administrators face a number of upcoming filing and disclosure deadlines and may have challenges in meeting those deadlines as a result of the COVID-19 pandemic.

Ontario Amends the ESA to Extend Employee Protections in Response to the COVID-19 Pandemic

On March 19, 2020, the Ontario Legislature met in an emergency session to pass legislation to extend protections for employees in light of the COVID-19 pandemic. Bill 186, the Employment Standards Amendment Act (Infectious Disease Emergencies), 2020 amends the leaves of absence provisions of the Employment Standards Act, 2000 (ESA) to provide more leave entitlements to employees impacted by the pandemic and to prohibit employers from requesting medical notes in relation to the new leave.

Hicks Morley Office Changes as of March 16, 2020

Hicks Morley continues to monitor changes to the COVID-19 situation.  Our priority has been and continues to be our firm members, our clients and the community.  We are making efforts to do our part to reduce the risk and effective immediately, we will continue to have lawyers and staff onsite but most of our lawyers…