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During the early 1990s recession, Ontario faced an annual deficit of $12.4 billion in 1993. [1] [2] The government sought $2 billion in wage-concessions from public-sector workers to reduce the deficit. [2] The social contract mandated that public-sector workers earning more than $30,000 take up to 12 unpaid days off a year. [2]
The Employment Standards Act, 2000 [1] (the Act) is an Act of the Legislative Assembly of Ontario. The Act regulates employment in the province of Ontario, including wages, maximum work hours, overtime, vacation, and leaves of absence. It differs from the Ontario Labour Relations Act, which regulates unionized labour in Ontario.
Despite what you might have heard, Social Security will not run out of money next decade. But under the current system, the program's reserve trust funds are expected to be tapped out by 2035 ...
Like in the United States, welfare in Canada colloquially refers to direct payments to low-income individuals only, and not to healthcare and education spending. [2] It is rarely used in Canada as the name of any specific program, however, because of its negative connotations. (In French, it is commonly known as le bien-être social or l'aide ...
From 2006 to 2008, Social Development's preceding role was reflected by styling the Minister of Human Resources and Skills Development as the "Minister of Human Resources and Social Development", and by changing the department's applied title to "Human Resources and Social Development Canada". This practice ended in late 2008 when the title was ...
Federal social insurance taxes are imposed on employers [35] and employees, [36] ordinarily consisting of a tax of 12.4% of wages up to an annual wage maximum ($118,500 in wages, for a maximum contribution of $14,694 in 2016) for Social Security and a tax of 2.9% (half imposed on employer and half withheld from the employee's pay) of all wages ...