On May 18, 2010, Bill 16, the Creating the Foundation for Jobs and Growth Act, 2010 carried at Third Reading and received Royal Assent. As previously reported, Bill 16 was reported as amended by the Standing Committee on Finance and Economic Affairs on May 6, 2010.

Originally introduced on March 26, 2010, the Bill is omnibus legislation amending various Acts intended to give effect to the initiatives outlined in its 2010 Budget. Each Schedule of the Bill should be consulted directly for coming into force information.

Of particular note to employers is Schedule 24, which enacts the Public Sector Compensation Restraint To Protect Public Services Act (“PSCRPPSA”) retroactively, effective March 25, 2010.