Federal budget 2014: What employers, HR and payroll need to know
The Federal Minister of Finance Jim Flaherty tabled the Economic Action Plan 2014 in the House of Commons on February 11, 2014, which confirms that the Government is on track to return to balanced budgets in 2015, with new measures that will create jobs and opportunities in an uncertain global economy. Budget documents indicate that there are no new taxes on Canadian families or businesses, however, there are other measures of interest to employers, HR and payroll.