federal budget

Federal budget 2012 – don’t forget the Old Age Security changes!

April 2, 2012 Yosie Saint-Cyr, LL.B. Managing Editor Employee Relations, Human Resources, Payroll, Pensions and Benefits

Effective, April 1, 2023, with full implementation by January 2029, the eligibility age for Old Age Security (OAS) is increasing to age 67 from 65 to reflect the reality that Canadians are living longer and healthier lives, and intending to keep working and delay retirement. In line with the increase in age of OAS/GIS eligibility, the ages at which the allowance and the allowance for the survivor are provided will also gradually increase from 60–64 today to 62–66, starting in April 2023.

budget, Early retirement, eligibility age, federal budget, general income supplement, GIS, OAS, old age security, pension, retirement, retirement age

2012 federal budget: How will it affect employment in Canada?

April 2, 2012 Christina Catenacci Human Resources, Payroll, Pensions and Benefits, Recruiting and Hiring, Source Deductions and Reporting, Training and Development, Wages and Compensation

The government recently released its 2012 federal budget, which sets out a comprehensive agenda to bolster Canada’s fundamental strengths and address the important challenges confronting the economy over the long term. How will this affect employment in Canada?

2012 federal budget, Aboriginal peoples, Citizenship and Immigration Canada, economy, EI premium rates, Employment Insurance, employment strategy, federal budget, immigration system, infrastructure, investing in training, job creation, labour market, OAS, old age security, skills training and job search supports, Temporary Foreign Worker Program

Researching budget changes

March 30, 2012 Alan McEwen Human Resources, Payroll, Pensions and Benefits, Source Deductions and Reporting, Wages and Compensation

The day after the federal budget, it might be useful to share some thoughts about researching this budget, as well as related provincial budgets, for changes that might affect payroll source deduction and reporting.

2012 federal budget, budget research, Department of Finance, federal budget, Notices of ways and means motions, payroll source deductions, provincial budget, T4127

Election fever! Who’s got it?

April 29, 2011 Adam Gorley Employee Relations, Payroll, Source Deductions and Reporting

It’s that exciting time again, when somewhat more than half of Canadians over 18 will come together to select the people who will govern us until the next impassable crisis of parliamentary confidence. For some, it’s a celebratory time when we Canadians demonstrate our democratic will. For others, it’s a cynical time (I know: how can it be?) when incumbents and hopefuls tell us what we want to hear just to win their seats in Ottawa and their cushy benefits.

Canada Elections Act, economic recovery, economy, election, federal budget, federal election, HRinfodesk, pensions, politics, small and medium enterprises, small business, social programs, tax credits, tax cuts, time off to vote, voting, work-life balance