Canadian Payroll Reporter

May 2019

Focuses on issues of importance to payroll professionals across Canada. It contains news, case studies, profiles and tracks payroll-related legislation to help employers comply with all the rules and regulations governing their organizations.

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Payroll Reporter Can R Can R adian adian a May 2019 Federal budget proposes changes aff ecting EI and stock option benefi ts Employment insurance premiums could decrease to 1.61 per cent next year BY SHEILA BRAWN THE FEDERAL government is proposing changes to employment insurance (EI) and stock option benefits that may affect some payroll professionals. The budget, which Finance Minister Bill Morneau tabled on March 19, included fig- ures projecting that the employee EI premi- um rate would decrease from $1.62 per $100 of insurable earnings to $1.61 for 2020. The budget also included a proposal to provide an EI premium rebate to small busi- nesses that pay up to $20,000 a year in em- ployer EI premiums, beginning in 2020. The rebate is intended to "offset the up- ward pressure on EI premiums resulting from the introduction of a new EI Training Support Benefit," budget documents said. The EI benefit, also proposed in the bud- get, would be part of a new Canada Training Benefit to help workers upgrade and develop new skills. see ROUNDUP page 7 PM #40065782 Legislative Roundup Changes in payroll laws and regulations from across Canada see TAXABLE page 6 Credit: Chris Wattie (Reuters) see TRAINING page 2 News in Brief pg. 4 Ontario unveils self-audit tool for employers | Men earn signifi cantly more than women: Survey | Report highlights trends in benefi t plans Preparing for payroll audits pg. 3 Is your department ready for an audit? Many employers are not Ask an Expert pg. 5 Paying unused accumulated sick pay credits | Recovering outstanding source deductions Provincial budgets light on payroll proposals Manitoba, Quebec among jurisdictions proposing payroll-related measures BY SHEILA BRAWN NO NEWS is sometimes good news. For payroll professionals, that is certainly true when it comes to provincial/territorial annual budgets. So far, only a few jurisdictions have announced payroll-related changes in their budgets and the proposed measures do not involve major adjustments affecting source deductions. Federal Stat holiday bill closer to becoming law A private member's bill proposing to make Sept. 30 a statutory holiday is a step closer to becoming law after recently passing third reading in the House of Commons. Bill C-369, An Act to amend the Bills of Exchange Act, the Inter- pretation Act and the Canada Labour Code (National Day for Truth and Reconciliation), which NDP MP Georgina Jolibois tabled in 2017, received third reading on March 20. Prime Minister Justin Trudeau, right, shakes hands with Finance Minister Bill Morneau after Morneau delivered the budget in the House of Commons on Parliament Hill in Ottawa, on March 19.

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