On November 16, 2012, the Ontario government released “Facilitating Pooled Asset Management for Ontario’s Public-Sector Institutions,” a report from Pension Investment Advisor, William Morneau, to the Deputy Premier and Minister of Finance (“Morneau Report”). As previously reported, the Ontario government appointed Mr. Morneau further to its Budget 2012 initiatives, specifically to develop recommendations for the…
Tag: Legislative Initiative
New Solvency Funding Relief Regulations Filed
On November 1, 2012, the Ontario government filed O. Reg. 329/12 and O. Reg 330/12, each of which amends Regulation 909 (General) made under the Pension Benefits Act. Further to the government’s Budget 2012, O. Reg 329/12 extends temporary solvency funding relief measures for private sector defined benefit pension plans, as first introduced in 2009…
2013 Pension and Retirement Savings Limits Announced
On November 1, 2012, the Canada Revenue Agency (“CRA”) released the “2013 Rates for Money Purchase limits, RRSP limits, YMPE, DPSP limits and Defined Benefits limits,” which are as follows: The 2013 annual pension for the year in which a pension commences to be paid under a Defined Benefit pension plan will be limited to…
New Regulation Gives Pharmacists Ability to Administer Flu Shots, Renew Prescriptions
On October 1, 2012, O. Reg. 302/12 made under the Pharmacy Act, 1991 was filed. The regulation amends O. Reg. 202/94 (General) by adding “Controlled Acts” provisions permitting, among other things: a pharmacist to administer the influenza vaccine to a patient five years or older in accordance with prescribed conditions; and a pharmacist or other…
Ontario Releases Draft Compensation Restraint Legislation for Consultation
On September 26, 2012, the government announced draft omnibus legislation, the Protecting Public Services Act, 2012 (the “Draft Bill”), that would implement new, substantially more restrictive compensation restraint measures, and impose a significant new provincially mandated collective bargaining regime, for the Broader Public Sector (“BPS”).
Fall 2012 Safety Blitzes Announced by Ontario Government
The Ontario government has announced the launch of four targeted safety blitzes at workplaces across the province this Fall. The planned blitzes will focus on: supervision at construction sites (September and October); machine guarding hazards and repetitive strain injuries in manufacturing and industrial workplaces (October and November); infection prevention and control in health care workplaces…
Ontario To Introduce Wage Freeze Legislation for Teachers
On August 16, 2012, the Ontario government announced its intention to introduce the Putting Students First Act, legislation that would, if passed, impose a two-year freeze on teacher salaries and prohibit labour disruption, among other matters. Specifically, the Bill would require school boards and local bargaining units of teachers and support staff to accept local…
Ministry of Finance Publishes New Income Tax Proposals For Public Commentary
On August 14, 2012, the Ministry of Finance published new legislative proposals relating to the Income Tax Act and Regulations for public commentary. The proposals, which are designed to implement a range of Budget-related initiatives announced by the federal government earlier this year, include measures that would, if adopted, include an employer’s contributions to a…
Ontario Releases Proposed Amendments to Integrated Accessibility Standards Regulation
On August 15, 2012, the Ontario government published proposed amendments to the Integrated Accessibility Standards Regulation (IAS) (Ontario Regulation 191/11) under the Accessibility for Ontarians with Disabilities Act, 2005 for public consultation. The amendments, once finalized, are expected to come into force the later of January 1, 2013, or the day they are filed. The…
Pay Equity Guide Now Available
The Pay Equity Commission has published “A Guide to Interpreting Ontario’s Pay Equity Act” (August 2012). The Guide provides an overview of the interpretation by the Pay Equity Office of the minimum requirements of the Pay Equity Act, and is primarily intended to provide employers with guidance as to their obligations under that legislation.