As we approach the Xmas season, it is timely to review the highlights of the last few months. Despite some uncertainty, the Canadian economy has stayed the course. This is due in large part to the perseverance of entrepreneurs like you who steadfastly pursue their business goals.
Designed especially for business owners this calendar includes a range of practical tips and information to help you manage your business.
Beginning in January 2011, Small Business Owners across the country will be entitled to EI special benefits such as maternity, parental, sickness and compassionate care. How will this affect you and your business? Are the benefits the same everywhere? What are the conditions? How do you apply? CFIB lobbied to have a fair program but one that is self-sustaining and offers you, the entrepreneur, protection in a variety of circumstances.
If you or any of your employees are between the ages of 60 and 70 and are collecting CPP benefits while continuing to work, you may have to start contributing to CPP again. On January 1
st, 2012, new rules came into effect for those collecting their benefits while continuing to work.
All businesses with at least six employees must produce an online report to the Commission de l’équité salariale (CES) to determine whether or not the law applies to them. Those who are subject to the law had to comply by December 31st, 2010 and will pay a fine of 5% in addition to salary adjustments and legal fees.
