Changes to the capital gains inclusion rate and the employee stock option deduction rate (as proposed in Budget 2024) will apply to stock options exercised and shares sold on or after June 25, 2024. The new measure reduces the stock option deduction and capital gains tax exemption from 1/2 of the taxable amount to 1/3 of
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Now available – The Global Employer: Focus on Global Immigration & Mobility Handbook 2024
We are thrilled to announced that the latest edition of The Global Employer: Focus on Global Immigration & Mobility is now available! This handy, go-to desk reference guide includes:
- An overview of key global immigration and mobility issues to consider related to immigration, employment, compensation and employee benefits, income taxes and social insurance, and global equity compensation.
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Cultivating a Healthy Workforce Strategy: Global Employment Law Updates, Trends and Tips Webinar Series
We’re bringing the world to you. Join Baker McKenzie for our annual Global Employment Law webinar series.
In the face of intensifying geopolitical risk and continuing economic uncertainty, the challenges for global employers to plan carefully and operate strategically to maintain a thriving workforce is greater than ever. We’ll help employers navigate those challenges in…
* UPDATE * Ontario Passes Bill 149, Working for Workers Four Act, 2024, Imposing Pay Transparency Requirements Among Other Things
Special thanks to our articling student Mario Lofranco for contributing to this update.
In a previous blog post, we discussed the proposed changes that Bill 149 would bring to several employment statutes, building on the Working for Workers Acts, 2021, 2022, and 2023.
Bill 149 received royal assent on March 21,…
Quebec’s Bill 96 Part 2: Employment and Commercial Contracting Requirements (Video Chat)
Special thanks to co-presenter Sarah Mavula.
Quebec’s Bill 96 significantly expanded existing French language requirements under Quebec’s Charter of the French language, including new translation requirements for a wide range of employment documents. Similarly, the treatment of commercial standard form contracts (or contracts of adhesion) must now be translated into French first, even if the parties agree to proceed in…
Shore Up 2024 Planning By Tuning Into Canadian Employer Update (Webinar Recording)
In this 75-minute “quick hits” style session, our team provided practical advice to Canadian in-house counsel and human resources leaders and addressed what to keep top-of-mind for 2024.
Among other topics, we discussed:
- Key legislative developments including:
- The progress and implications of Ontario’s latest “Working for Workers” legislation
- Implications of Pay Transparency Legislation in British Columbia and the rest
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Reminder for Federal Employers: Changes to Termination Notice Period in Effect NOW
Special thanks to our articling student Ravneet Minhas for contributing to this update.
Federal employers should be aware of recent amendments to the Canada Labour Code, which increased the minimum termination notice period for federally regulated private sector employees.[1] The changes came into force February 1, 2024 and provide employees who have completed at…
What Canadian Employers Need To Know About Tax Disclosure Rules in 2024 (Video Chat)
Special thanks to presenters Andrew Boyd, Andrew Morreale and Haran Viswanathan.
Tune in to our latest quick chat where we outline what employers need to know about Canada’s augmented mandatory reporting rules for tax in certain transactions. This is tailored for tax professionals, lawyers, compliance officers, General Counsel, and Canadian business leaders involved…
Stay-or-Pay Clauses in Canada?
“Stay-or-pay” clauses, a growing practice in the US, involve penalizing employees who break the tenure of their employment contract. Check out this recent article from Human Resources Director, “Stay-or-pay clauses in Canada? Experts weigh in on the U.S. trend of charging employees who quit” with insight from our own Andrew Shaw.
Click here to view…
Top Canadian Labour & Employment Law Developments of 2023
To wrap up 2023, we have highlighted the key developments in Canadian labour and employment law, with a focus on Ontario.
1. Ontario’s Working for Workers Acts
In 2023, the Ontario government continued building on previous legislation by passing Bill 79, Working for Workers Act, 2023, and introducing Bill 149, Working for Workers Four…