Publication
Real Estate Focus - December 2024
December has been a very busy month, with a flurry of new government policies and consultations.
Author:
Canada | Publication | June 20, 2023
On June 26, Toronto will vote for its new mayor in a municipal by-election. Polling stations will be open from 10 a.m. to 8 p.m. on election day. Pursuant to Ontario’s Municipal Elections Act, employees who are eligible voters may be entitled to time off work to vote.
Eligible voters. An eligible voter is any Canadian citizen who is over 18 years of age, is not prohibited from voting under any law, and fulfills the necessary City of Toronto residency requirements.
The three-hour rule. Employees who are eligible voters are entitled to three consecutive hours free from work to vote while polling stations are open. Employers must facilitate this time off, but may schedule the absence to suit their convenience. For example:
No pay deduction or penalties. Time off for voting must be provided without any deduction to an employee’s pay or any other penalty. In other words, employees must receive the same wages they would have received had they worked their full scheduled hours.
Penalty for non-compliance. Employers who fail to comply with the Municipal Elections Act may face fines of up to $50,000.
The author would like to thank Rose Ghaedi, law student, for her help in preparing this legal update.
Publication
December has been a very busy month, with a flurry of new government policies and consultations.
Publication
On 13 December 2024 the Financial Conduct Authority (FCA) published Primary Market Bulletin 53 (PMB 53) which includes confirmation of the final form of two new, and one amended, sponsor-related technical notes previously consulted on in PMB 50, and a consultation on various proposed changes to the technical and procedural notes in the FCA’s knowledge base.
Publication
The Regulator has provided a link to its dashboard webinar held on November 26, 2024, which it urges scheme trustees to watch. The Money and Pensions Service also collaborated with the Pensions Dashboard Programme to host a “town hall” dashboard event on December 2, 2024.
Subscribe and stay up to date with the latest legal news, information and events . . .
© Norton Rose Fulbright LLP 2023