Posts in Tax.
Posted in Pensions, Tax

On March 19, 2019, the Federal Government tabled its latest budget, which introduces changes to the tax rules applicable to contributions to Specified Multi Employer Plans (SMEPs) in respect of employees over age 71 and re-employed retirees. On July 30, 2019, the draft legislative proposals to implement these changes were released for public comment.

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The new Liberal government’s tax policy focuses on relieving the tax burden on the middle- class and increasing taxation generally for those earning more than $200,000. As part of that plan, the Liberal government plans to eliminate the tax deduction on employee stock option benefits over $100,000 and increase federal marginal tax rates on individuals with an annual ...

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Lawson Lundell's Labour and Employment Law Blog provides updates on the most recent legal developments impacting the Canadian workplace and offers practical tips for employers. We cover a range of topics, including labour relations, employment law, collective bargaining, human rights, employment standards, employment equity, workers' compensation, business immigration, privacy, occupational health and safety and pensions and employee benefits. 

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