Legally, during federal holidays, employers are not obliged to give their employees time off from work. That is unless the employers work for the government or a financial institution. Furthermore, if employees have a day off, the US does not oblige employers to pay them for their time away...
The manager turned first to a review of developments in financial markets. Domestic data releases over the intermeeting period pointed to inflation being more persistent than previously expected and to a generally resilient economy. Policy expectations shifted materially in response. The po...
To make it easier for consumers to compare mortgage loan interest rates, the federal government developed a standard format called an "Annual Percentage Rate" or APR to provide an effective interest rate for comparison shopping purposes. Some of the costs that you pay at closing are factored into...
If you have performed honorable active military service after December 31, 1956, and have now accepted a position within the federal government, your active duty time will count toward your federal retirement pension. As an example, if you attended a United States Service Academy for four years,...
The federal government would then reimburse those states and employers. In addition, workers who receive paid sick leave, paid vacation, or other paid time off while performing qualified caregiving activities would not be eligible for the federal cash benefit. However, a worker may receive ...
The Minister of Finance presented the Government of Canada's 2020 Fall Economic Statement (FES) to Parliament on November 30, 2020. As anticipated, the FES highlighted the economic toll that the COVID-19 pandemic has taken on the Canadian economy, resul
Includes organizations, jobs, positions, budgets, person types, HR budgets, complaint tracking, and government reporting. <Compensation and Benefits(Optional) Includes grades and their relationship to pay, mass salary actions, compensation and awards, benefits eligibility, leave and absence management, an...
The Federal Government’s 2018 Budget touts Canada’s strong economic growth over the past two years, including real GDP growth of 3.2 per cent since the second quarter of 2016, an unemployment rate of 5.9 per cent, and significant improvements in average weekly earnings, consumer confidence, an...
Because the government’s fiscal year begins on October 1 of one calendar year and ends on September 30 of the next calendar year, the process for adopting a budget for a particular fiscal year, and for passing appropriations bills[v] to fund the operation of the government for that fiscal...
Benefit plan run by the federal government to which the majority of Canadian employers and employees must contribute.Employment Insurance Rate In Canada, this is the rate at which the employer contributes to the EI fund. The rate is expressed as a percentage of the employee's contribution. If ...