In June 2019, the federal government tabled a Notice of Ways and Means Motion to limit the benefit of the employee stock option deduction for high income individuals employed at large, long-established, mature organizations. Stakeholders were invited to provide input on the characteristics of small, growing companies that should not be subject to the new…
Tag: Executive Compensation Framework
BPS Executive Compensation – New Framework Takes Immediate Effect
On August 13, 2018, the Ontario government implemented a new Compensation Framework (New Framework) under the Broader Public Sector Executive Compensation Act, 2014 (BPSECA) that came into immediate effect.
Executive Compensation for Ontario BPS Organizations – A Summary of Recent Changes
On June 8 and 9, 2017, the Ontario government made a series of significant changes to the BPSECA Executive Compensation Framework. The changes include amendments to the content required of compensation programs, the timing of the development of those programs, and the process organizations must follow to implement their compensation programs…
Ontario Government Amends Executive Compensation Regulation
On June 8, 2017, the Ontario government filed O. Reg. 187/17 which amends the “Executive Compensation Framework” regulation (O. Reg. 304/16) made under the Broader Public Sector Executive Compensation Act, 2014 (BPSECA). On June 9th the government issued a new Broader Public Sector Executive Compensation Program Directive and amended the existing Broader Public Sector Executive…
Ontario Hospital Association (OHA): New Regulation on Executive Compensation Webinar
Earlier this fall, the President of the Treasury Board Secretariat announced an Executive Compensation Framework that applies to all broader public sector employers in Ontario, including hospitals.