On December 6, 2018, Bill 57, Restoring Trust, Transparency and Accountability Act, 2018 passed Third Reading and received Royal Assent. On the same date, the government tabled Bill 66, Restoring Ontario’s Competitiveness Act, 2018, omnibus legislation which, if passed, will make significant amendments to the Employment Standards Act, 2000 (ESA), the Labour Relations Act, 1995 (LRA), the Pension Benefits Act (PBA) and other statutes.
On November 28, 2018, Bill 57, the Restoring Trust, Transparency and Accountability Act, 2018, was referred to the Standing Committee on Finance and Economic Affairs (Committee). The Committee will meet on Monday December 3, 2018 for public hearings on the Bill. Any request to appear before the Committee must be submitted to the Clerk of…
An FTR NowM written by Hicks Morley’s Natasha D. Monkman, Alyson M. Frankie, Paul A. Migicovsky, Paul E. Broad, Tierney Read Grieve was mentioned in the November 26, 2018 Benefits and Pensions Monitor Daily News Alert. The alert emphasizes the implementation of variable benefits accounts described in the FTR Now titled “The Outlook is More Change: Ontario Proposes Significant Reforms to Pension and Employment-Related Statutes.“
The Ontario government’s Economic Outlook and Fiscal Review (Fiscal Review) and supporting omnibus legislation, Bill 57, the Restoring Trust, Transparency and Accountability Act, 2018 (Bill 57), propose a number of significant reforms and initiatives to pension, benefit, tax and employment-related legislation that will impact your workplace and pension plan administration. Bill 57 also contains proposals related specifically to fire services, which were outlined in our prior communication, Ontario Government Tables Legislation Impacting Bargaining and Interest Arbitration in the Fire Sector.
On November 15, 2018, the Ontario government introduced Bill 57, the Restoring Trust, Transparency and Accountability Act, 2018, omnibus legislation supporting key reforms outlined in the 2018 Ontario Economic Outlook and Fiscal Review (Fiscal Review), titled, “A Plan For the People,” which was also released on that date.