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News Releases

BC's new pension standards legislation will come into force on September 30, 2015, announces government

Topics: - News Releases - Pensions
Jurisdiction: - British Columbia
Sector: - All

The BC Ministry of Finance issued the following news release on May 13, 2015 regarding the province's new pension standards legislation:

The Province's new Pension Benefits Standards Act (PBSA), which accommodates alternative pension plan designs and improves plan governance, comes into force on Sept. 30, 2015, Finance Minister Michael de Jong has announced.

The new legislation modernizes the existing policy and regulatory framework for B.C.'s occupational pension plans by replacing the current legislation. It has been largely harmonized with Alberta legislation to streamline the operation of pension plans with members in both provinces.

Key benefits of the PBSA include greater access to financial hardship unlocking, enabling the establishment of target benefit plans, and enhanced disclosure and governance of pension plans.  read more »

Ontario one step closer to rolling out Ontario Retirement Pension Plan by January 1, 2017

Jurisdiction: - Ontario

The Ontario Ministry of Finance issued the following news release on April 29, 2015 concerning the Ontario Retirement Pension Plan, which is currently scheduled to be rolled out by January 1, 2017:

Bill Strengthening Retirement Security for Millions of Workers Passess in Ontario Legislature

The Ontario Retirement Pension Plan Act, 2015 has been approved by the Ontario Legislature. The Act forms the foundation of the ORPP, which the government will put in place by January 1, 2017.

Ontario has held extensive consultations across the province with business, labour, associations, young workers, pension experts, individuals and families to ensure that the government creates the best plan for the people of Ontario.

Once established, the ORPP will be the first of its kind in Canada, building on key features of the Canada Pension Plan (CPP). The ORPP will:  read more »

Two-thirds of British Columbians support a $15 an hour minimum wage, says BC Federation of Labour

Jurisdiction: - British Columbia

The BC Federation of Labour issued the following news release today (April 1, 2015) concerning their campaign for a $15 minimum wage:

Two-thirds of British Columbians support a $15 an hour minimum wage

VANCOUVER - A recent poll shows the public is unsatisfied with the BC Liberal government's meager lift to the minimum wage, and continue to support the call for $15 an hour.

"This poll is evidence that Premier Clark and Minister Bond got it wrong when they increased the minimum wage a pathetic 20 cents," said Irene Lanzinger, President of the BC Federation of Labour.

A poll conducted by Insights West shows that two-thirds (68%) of
British Columbians continue to support increasing the minimum wage to $15 an hour.  read more »

Business Council of British Columbia supports province's new minimum wage policy

Jurisdiction: - British Columbia

In a post yesterday, I noted that the BC Government issued a news release setting out the province's new approach to minimum wage increases: "BC indexing general minimum wage and liquor server wage to provincial Consumer Price Index".

The Business Council of British Columbia issued the following news release the same day that the government announced the new policy (March 12, 2015) expressing its support for the policy:

"The Business Council supports the government's decision today to implement a modest increase of the statutory minimum wage of $0.20 to $10.45 and to index future increases to the consumer price index as the Council has previously advocated," said Jock Finlayson, Executive Vice President and Chief Policy Officer, Business Council of British Columbia.   read more »

BC to start indexing minimum wage to provincial Consumer Price Index

Jurisdiction: - British Columbia

The BC Government issued the following news release on March 12, 2015:

The B.C. government is indexing increases in the general minimum hourly wage and liquor server wage to B.C.'s Consumer Price Index (CPI), Minister for Jobs, Tourism and Skills Training, and Minister Responsible for Labour, Shirley Bond announced today. 

The government is committed to reasonable and predictable yearly minimum wage increases linked to B.C. CPI. Going forward, from 2016 onward, the minimum wage will be determined using a formula calculated upon the percentage the B.C. Consumer Price Index (CPI) increased in the previous calendar year. In years where there is a negative CPI change, the minimum wage would stay the same.

In addition, this indexing formula is being applied to the period since the last minimum wage increase in 2012. Effective Sept. 15, 2015, the general minimum hourly wage will increase from $10.25 to $10.45 and the liquor server wage from $9.00 to $9.20 per hour.  read more »

Ontario Securities Commission proposes new whistleblower program for public comment

Jurisdiction: - Ontario

The Ontario Securities issued this news release today (February 3, 2015):

OSC Proposes New Whistleblower Program for Public Comment

TORONTO - The Ontario Securities Commission (OSC) today released OSC Staff Consultation Paper 15-401, which proposes a new whistleblower program that would encourage the reporting of serious misconduct of Ontario securities law to the OSC. Under the program, a whistleblower could be awarded a financial incentive of up to $1.5 million upon the final resolution of an administrative enforcement matter.  read more »

Ontario to Launch Public Consultations on Labour Laws

Jurisdiction: - Ontario

The Ontario Ministry of Labour issued the following news release on February 17, 2015:

Ontario to Launch Public Consultations on Labour Laws

Province Aims to Address the Changing Workplace

This spring, Ontario will launch public consultations on the changing nature of the modern workplace. 

The public consultations will focus how the Labour Relations Act, 1995 and Employment Standards Act, 2000 could be amended to best protect workers while supporting businesses in our changing economy.

Workplace trends that will be examined include:

-Greater workplace diversity.

-The increase in non-standard working relationships such as temporary jobs, part-time work, and self-employment.  read more »

NDP's "Intern Protection Act" debated for first time in Parliament

The federal New Democrat Party (NDP) issued the following press release on February 17, 2015 concerning the Intern Protection Act, which is a private member's bill tabled by NDP MP, Laurin Liu:

NDP will protect interns
 read more »

Labour Minister Leitch and US Secretary Perez discuss paid leave, advancement of women in workplace

Jurisdiction: - Canada/Federal - United States

The federal Ministry of Labour issued the following news release on December 8, 2014:

Minister Leitch and United States Labor Secretary Tom Perez hold bilateral talks in Ottawa

Minister Leitch and Secretary Perez discussed paid leave and the advancement of women in the workplace

December 8, 2014- Gatineau, Quebec - Employment and Social Development Canada

The Honourable Dr. K. Kellie Leitch, Minister of Labour and Minister of Status of Women, discussed bilateral labour issues with her American counterpart, the Honorable Tom Perez, United States Secretary of Labor, during his first official visit to Canada.

Secretary Perez expressed an interest in paid leave as a means of boosting labour market participation and wished to learn about Canada's approach to it from Minister Leitch.  read more »

BC Federation of Labour launches "Fight For $15" campaign to increase province's minimum wage

Jurisdiction: - British Columbia

The BC Federation of Labour issued the following news release on November 26, 2014 outlining its new camaign to increase the province's minimum wage, which currently sits at $10.25 for most jobs, to $15:

BCFED launches Fight For $15 campaign to increase the minimum wage

November 26, 2014

VANCOUVER - The BC Federation of Labour has launched the Fight For $15 campaign, calling on the provincial government to increase the minimum wage to $15/hour.

"At the current minimum wage, working full-time is not enough to lift a worker out of poverty," said Jim Sinclair, President of the BC Federation of Labour. "It has been almost three years since the last increase to the minimum wage. Workers fall behind when their wage is stagnant, yet the cost of living goes up each year."  read more »