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ARTICLE · 29 MAY 2019

Amending The Broader Public Sector Executive Compensation Act

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The BPSECA amendments set out parameters for existing employees and office holders as well.

CanadaCorporate/Commercial Law
Erin Porter
Erin Porter
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As we reported in August, the Ontario government issued a new Compensation Framework Regulation, Regulation 406/18, that continued to freeze the current levels of compensation for executives at most designated employers within the broader public sector (including public hospitals, universities and colleges and school boards, among others). Under Regulation 406/18, the President of the Treasury Board was required to review executive compensation again before June 7, 2019.  

With the introduction of Bill 100, Protecting What Matters Most Act (Budget Measures), 2019 ("Bill 100") the government has done just that by proposing several amendments to the Broader Public Sector Executive Compensation Act, 2014 ("BPSECA"). In an accompanying Budget document, (PDF) the government acknowledged its earlier commitment to review executive compensation in the Broader Public Sector. After concluding that existing practices permitted adjustments to be made to executive compensation

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