Maximum Pensionable Earnings
The first snowflakes gently fell from the sky this past weekend in Waterloo, a reminder that the holiday season is fast approaching. In our house we were tuning up the snow blower and writing Christmas lists. It is also that time of the year when organizations should create a year-end payroll checklist and prepare for any tune ups needed for the first payroll of the New Year. We all want to stay on the Canada Revenue Agency’s “nice” list and off of the “naughty” list!
The three popular articles this week on HRinfodesk deal with: 2017 CPP contribution rates; the topic of an employee’s failure to mitigate their wrongful dismissal damages; and a case regarding an employee’s termination for just cause after claims of sexual harassment in the workplace.
On October 6, 2016, the federal government introduced Bill C-26, An Act to amend the Canada Pension Plan, the Canada Pension Plan Investment Board Act and the Income Tax Act to enhance the Canada Pension Plan (CPP), Canada’s government provided pension plan.