Canadian Payroll Reporter - sample

April 2018

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 www.payroll-reporter.com April 2018 Federal budget off ers mix of proposals Changes to EI system highlighted by introduction of 'use-it-or-lose-it' parental leave BY SHEILA BRAWN THE 2018 federal budget did not contain any payroll- related source deduction rate changes, but it did pro- pose measures that could affect employers and pay- roll departments in the coming months and years. The budget, which Finance Minister Bill Morneau tabled on Feb. 27, proposed a variety of changes af- fecting employment insurance (EI). Chief among them was a new "use-it-or-lose-it" EI benefit for two- parent families, including adoptive and same-sex couples, if the parents agree to share parental leave. The benefit — to become available in June 2019 — would provide up to five extra weeks of benefits to parents who agree to share the 35 weeks of standard EI parental benefits that the government provides. The 35 weeks of benefits are paid over 12 months at a rate of 55 per cent of insurable earnings, to a maxi- mum amount. The proposed Parental Sharing Benefit would give those parents a total of 40 weeks, which they could share in any combination, as long as one parent took no more than 35 weeks and the second parent took at least five weeks of the 40. The new benefit would also be available for couples who opt for extended EI parental benefits. see ROUNDUP page 7 PM #40065782 Legislative Roundup Changes in payroll laws and regulations from across Canada see TAX page 6 Credit: Chris Wattie (Reuters) B.C. budget proposes new payroll tax Measure would replace MSP premiums BY SHEILA BRAWN BEGINNING next year, employers in British Columbia will have to pay a payroll-related health tax to help fund the province's health- care system. Finance Minister Carole James announced the new measure when she delivered the province's 2018 budget on Feb. 20. The employer health tax will help replace some of the revenue that the government New Brunswick Minimum wage increase in eff ect for April 1 On April 1, the provincial government raised New Brunswick's minimum wage rate from $11 an hour to $11.25. The rate increase is the result of a government decision to be- gin indexing the minimum wage rate to corresponding increases in New Brunswick's consumer price index. see FEDS page 2 Finance Minister Bill Morneau receives a standing ovation as he arrives to deliver the budget in the House of Commons on Parliament Hill in Ottawa, on Feb. 27. News in Brief pg. 11 B.C. aligns Family Day with rest of Canada | PSAC union encouraged by Phoenix proposals | CPP hike could result in more job losses than predicted: Study Lessons from Phoenix pg. 3 Woes show importance of prep, resources, communication Ask an Expert pg. 5 Calculating statutory holiday pay by jurisdiction | Source deductions on irregularly paid commissions

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