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Publication
NRF Insights on the DFSA’s Business Plan for 2025-26
On 4 February 2025, the Dubai Financial Services Authority (the DFSA) published its Business Plan for 2025-2026 (the Business Plan).
Canada | Publication | July 2022
This upcoming August 1 will mark Heritage Day in Alberta, when many Albertans will recognize Canada’s diversity and celebrate the nation’s cultural heritage. However, Heritage Day is neither a nation-wide holiday, nor is it enjoyed by all employees in Alberta.
Employers are faced with a recurring question on the first Monday of each August: whether to grant an additional holiday to their employees.
Heritage Day in Alberta is optional - employees may be afforded a paid vacation day, depending on the employer.
The Employment Standards Code of Alberta specifically designates nine days as general holidays in Alberta:
However, while there is no express mention in the Code of Heritage Day specifically, section 25 of the Code does recognize that any other day in the calendar year can be designated by an employer as a holiday. Easter Monday, Boxing Day and Alberta Heritage Day are all examples of instances where many employers have, by agreement, designated days as additional general holidays for their employees.
If an employer designates Heritage Day as a general holiday, then all of the rules pertaining to general holidays and general holiday compensation will apply to employees.
An employee will be eligible for general holiday pay if they have worked for that employer for 30 days or more in the preceding 12 months.
On the other hand, employees will not be entitled to general holiday pay if they do not work on the general holiday when required or scheduled to do so. They will also not be entitled to general holiday pay if they are absent from work (without the employer’s consent) on the last regular work day before or the first regular work day after the general holiday.
If an employee is not scheduled to work on a general holiday but does work on that day, the employee will be entitled to pay in the amount of 1.5 times the wage rate (for each hour worked during the holiday). If a general holiday occurs on a regularly scheduled working day and the employee works, the employee is entitled to either:
Heritage Day may not be a holiday for everyone, but many Albertan employers are using their discretion to grant this optional holiday to employees across the province. If Heritage Day is a designated holiday at your place of work, take a moment to celebrate Canada’s multiculturalism and diversity on August 1.
Note that other eligibility requirements may dictate whether employees qualify for general holiday pay. Eligibility requirements are outlined in the Employment Standards Code of Alberta.
Publication
On 4 February 2025, the Dubai Financial Services Authority (the DFSA) published its Business Plan for 2025-2026 (the Business Plan).
Publication
Acting on one of the priorities laid out in President von der Leyen’s Mission Letter to Commissioner McGrath, the European Commission (EC) has published a communication on an EU toolbox for safe and sustainable e-commerce (the Communication).
Publication
The construction and infrastructure sectors are booming in the Middle East region, driven by economic diversification and energy transition goals. It is more important than ever to carefully mitigate and manage risk and resolve disputes effectively, should they arise.
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