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ARTICLE · 18 MARCH 2015

Tightening The Belt On Broader Public Sector Compensation

McCarthy Tétrault
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On March 16, 2015, the Broader Public Sector Executive Compensation Act (the "Act") comes into force.

CanadaEmployment and HR
Kate McNeill-Keller
Kate McNeill-Keller
Melissa Kennedy
Melissa Kennedy
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On March 16, 2015, the Broader Public Sector Executive Compensation Act (the "Act") comes into force. The purpose of the Act is to regulate and govern the total compensation of individuals who hold certain executive positions within the broader public sector ("BPS"), through the implementation of "compensation frameworks". The "compensation frameworks" would apply to "designated employers" and "designated executives".

Designated Employers

The following are characterized as "designated employers" under the Act:

  1. Hospitals;
  2. Every board within the meaning of the Education Act;
  3. Universities, colleges and other post-secondary institutions;
  4. Hydro One Inc. and its subsidiaries;

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