Payroll Reporter
Can
R
Can
R
adian adian a
www.payroll-reporter.com
August 2016
see ALBERTA page 7
PM
#40065782
Legislative Roundup
Changes in payroll laws and regulations
from across Canada
News in Brief pg. 4
Unions seek court action over federal
payroll system|WorkSafeBC studying
payroll policy changes|Service
Canada discontinues some ROE Web
formats
Ask an expert pg. 5
Paying a retiring allowance
when benefi ts continue after
retirement|Retiring
allowances versus
retention bonuses
Federal
Feds and some provinces
reach PRPP agreement
The federal government and four provinces have entered into a
multi-lateral agreement for licensing and setting up pooled reg-
istered pension plans (PRPPs) and voluntary retirement savings
plans (VRSPs).
The agreement among the governments of Canada, British Co-
lumbia, Nova Scotia, Quebec and Saskatchewan will simplify the
licensing and registration process, says Saskatchewan Justice Min-
ister and Attorney General Gordon Wyant.
He added that the agreement will "pave the way for employers to
see ONTARIO on page 6
Credit:
REUTERS/Chris
Helgren
CONTEMPLATING TIPS pg. 3
While most Canadian jurisdictions do
not have rules covering employee tips
in their labour standards laws, a
growing number are adding them
CPP proposals put national
pension plan on new path
Agreement includes
rate hikes, new upper
earnings limit and
diff erent tax treatment
for some contributions
BY SHEILA BRAWN
BIG CHANGES are coming to the Canada
Pension Plan (CPP) between 2019 and 2025
that will affect not only employers and em-
ployees, but also payroll departments, pay-
roll service providers and payroll software
developers.
In late June, Federal Finance Minis-
ter Bill Morneau signed an agreement in
principle with the finance ministers of
eight provinces to enhance the 50-year-
old plan. Manitoba, which did not sign the
agreement originally, has since joined it.
see COMPLEXITY page 2
Changes coming
for workers'
compensation
BY SHEILA BRAWN
PAYROLL PROFESSIONALS in a number of provinces across Can-
ada may see workers' compensation changes over the next few years.
Governments and workers' compensation bodies in Alberta,
Manitoba, Ontario and New Brunswick are currently considering
changes or implementing them.
In Manitoba, the Workers Compensation Board (WCB) is phasing
in a new model for setting employer premium rates between 2016 and
2020. While the new model will not affect the way employers report
Mark Wiseman, CEO of the Canada Pension Plan Investment Board (CPPIB), takes part in a discussion
at the Canadian Coalition for Good Governance annual public meeting in Toronto on June 14.