Canadian employers in federally regulated industries (which
include industries such as telecommunications, air/rail travel, and
banking, among others) may want to note a number of recent and
upcoming changes that will impact their workplaces. Here are the
key changes at a glance.
Pay Equity Plans
Deadlines regarding Canada's Pay Equity Act, and
its associated regulations, are fast approaching.
The Pay Equity Act applies to any federally regulated
employer with ten or more employees. Any such employer must develop
a pay equity plan within three years of becoming subject to the
act. With the act having become effective on August 31, 2021, if an
employer was subject to the act on this date, a pay equity plan is
due by August 31, 2024.
