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What M&A trends will transform the 2024 insurance landscape?
It is widely accepted that 2023 was one of the worst years in recent memory for M&A activity.
Canada | Publication | December 15, 2021
‘Tis the season to be jolly. ‘Tis also the season for employers to struggle with the intricacies of statutory holidays and related pay. This year, Christmas Day falls on a Saturday, Boxing Day Sunday, and New Year’s Day the following Saturday. Here are some points to remember about employee entitlements under the British Columbia Employment Standards Act.
Do employees automatically get Christmas Day, Boxing Day and New Year’s Day off of work? Technically, no:
Are all employees entitled to statutory holiday pay? Generally, yes, but with some rules:
How do you calculate the pay entitlement? It depends on whether the employee worked on the statutory holiday:
Keep in mind that not all employees are covered by the Employment Standards Act. Workers in certain occupations, for example architects, engineers and licensed insurance agents, are exempt from these rules.
Happy Holidays!
The authors would like to thank Alysha Bennett, Articling Student, for her assistance in preparing this legal update.
Publication
It is widely accepted that 2023 was one of the worst years in recent memory for M&A activity.
Publication
The ongoing conflicts and further geopolitical tensions in Eastern Europe and the Middle East, coupled with upcoming elections in a number of key countries including the US and the UK, make 2024 challenging to predict what impact this will have on the insurance sector.
Publication
On 6 September 2022, the European Commission (EC) prohibited Illumina’s acquisition of Grail, bringing to an end the administrative stage of a legal saga that has attracted interest beyond competition law specialists.
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