Here We Go Again

Every once in a while it seems prudent to look in on the whole business of labour legislation.  In this blog I have done so back in December of 2017 and previously in June of the same year.  Just when you think you have things all sorted out, somebody goes and changes the rules – again.

Labour legislation is, of course, the domain of the provincial government.  Here in Ontario it is dealt with mainly through the Employment Standards Act and the Labour Relations Act.  The previous Liberal government introduced a bunch of sweeping changes back in 2017 through Bill 148.  It included things like a new minimum wage, equal pay for equal work changes, overtime considerations, vacations and holidays.  The list goes on.  It was truly an omnibus bill considering the sweeping changes it brought about.

Guess what?  Times change and the Liberals are no longer in power.  The Conservatives have introduced Bill 47 which received Royal Assent in November of last year.  Additionally, Bill 66 received Royal Assent this past December.  The two pieces of legislation deal with changes to the Employment Standards Act and the Labour Relations Act with an additional pair of changes to the Ontario College of Trades and Apprenticeship Act.

The Conservative intent is to declare Ontario open for business yet again.  So much of Bill 148 has been either modified or repealed that it can pretty much be considered null and void.  That said, some parts of the Bill have been retained.  It really makes sense for employers and employees to familiarize themselves with the changes brought about by the new legislation.  Always fun staying current with the law.

What does all of this mean?  While Bill 148 came off as being highly skewed towards employees, Bills 47 and 66 are very pro business – often at the expense of employees.  The list of changes and amendments is rather daunting.  Whatever side you would tend to be on would no doubt line up with whether you are employer or employee.

Pushing for yet more change would depend on how effective you are at lobbying with your MPP and how much pull they have in government.  If people collectively don’t like what’s happening, they should make this known through their votes.  Welcome to democracy.

We can certainly help with keeping on top of the financial changes for our clients.  Additional information is also available online.  I’d be happy to discuss them with you and point you in the right direction.  All you need do is ask.

BTW, anyone ready for spring?

Tracy

Unique

Client Service Manager

Behind every well-run business is a bookkeeper who truly cares, and Unique brings that care to every set of books she manages. With over five years of experience across bookkeeping, accounting and taxes, she is skilled at keeping finances organized and streamlined with business owners in mind. Recognized for her attention to detail, clear communication, and calm problem-solving approach, Unique believes great bookkeeping is about more than balancing the books. It is about building trust, maintaining consistency, and supporting clients every step of the way. When she is not focused on finances, you will often find her enjoying a good movie, hanging out with family and friends or relaxing with music.

Vaidehi

Bookkeeper

Meet Vaidehi, a dedicated and professional Bookkeeper since 2021, who proudly supports and assists her clients. Her efficiency and expertise shines through her seamless handling of her clients’ financial records including Accounts Receivable, Accounts Payable, Bank Reconciliation and client communication. Trust Vaidehi to provide the support and solutions you need. During her personal time, Vaidehi enjoys dancing, cooking and tending to her garden.

Tinna

Bookkeeper

Introducing Tinna, a resourceful and dynamic Bookkeeper with over 12 years of hands-on experience. An expert in all aspects of accounting and finance operations, she handles preparation and maintenance of statutory accounting books, reconciling revenue and expenditure accounts, overseeing the preparation of monthly, quarterly, bi-annual and year-end financial statements, implementing stellar accounting systems and controls, budgeting and financial projections. Tinna’s solid background in managing both financial and non-financial assets, investigating and auditing accounts, makes her an asset to the Fiscal Performance team.

Olusegun

Client Service Manager

If you’re seeking a bookkeeper with a passion for precision, a friendly demeanor, and a love for the beautiful game of soccer, then look no further than Olusegun. With over 10 years of experience with auditing and financial analysis, Olusegun brings a unique blend of expertise and enthusiasm to the table. Known for his approachable demeanor and willingness to go the extra mile, he’s not just your typical accountant – he’s a trusted ally in your company’s full cycle financial management. So, if you’re in need of a bookkeeper (with auditing know-how) who gets the job done, valuing integrity and reliability as part of every job, Olusegun is your go-to guy!

Tracy Khamis

RWM, CPB, DFA – Bookkeeping Services Specialist™

Managing Director

Always wanting to learn and gain knowledge, Tracy has worked for multiple companies from various industries. Having the opportunity to work in varied industries from small companies to large organizations such as banks, accounting firms, schools, restaurants, construction, manufacturing and the arts has been extremely exciting. Each industry has different rules that apply, along with different government requirements. This experience has provided Tracy with extensive growth and understanding of bookkeeping, multiple software platforms, and in-depth financial report preparation. To know Tracy is to appreciate what she can do to put your books in order and keep them in a timely, relevant and professional manner.

Office: 1-905-662-9437
Mobile: 1-905-818-5328
Email: [email protected]