Saturday, 30 April 2016

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China Threatens To Challenge U.S. Tariffs In WTO

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Friday, 29 April 2016

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https://news.ontario.ca/mag/en/2016/04/ontario-launches-review-of-police-oversight-agencies.html?utm_source=ondemand&utm_medium=email&utm_campaign=p

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http://www.labour.gov.on.ca/english/es/pubs/internships.php

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BlackBerry Limited (BBRY) price at close, April 29, 2016, is 7.06.

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Alphabet Inc. (GOOGL) price at close, April 29, 2016, is 707.88.

Alphabet Inc. GOOGL 707.88 http://ift.tt/1kabM5b April 29, 2016

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Weasel pops Large Hadron Collider

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Inspired By Tesla, China Guns For Affordable Electric Car Market

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Fwd: Ontario Recovers Thousands of Dollars Owed to Interns

---------- Forwarded message ----------
From: "Ontario News" <newsroom@ontario.ca>
Date: Apr 29, 2016 9:11 AM
Subject: Ontario Recovers Thousands of Dollars Owed to Interns
To: <rightbuy18@gmail.com>
Cc:

News Release

Ontario Recovers Thousands of Dollars Owed to Interns

April 29, 2016

Province Committed to Protecting Unpaid Interns

Recently Ontario recovered nearly $140,000 in wages owed to interns at workplaces across the province. From September 1 to December 31, 2015, Ministry of Labour employment standards officers visited 123 workplaces believed to have internship programs and investigated whether interns were entitled to minimum wage and other employment standards such as public holidays and vacation.

Out of the 77 workplaces that had interns:

18 employers (almost 25 per cent) did not meet the requirements under the Employment Standards Act (ESA)
18 employers (almost 25 per cent) had paid interns and were in compliance with the ESA
41 employers (more than 50 per cent) were found to have intern programs that were exempt from the ESA

The blitz found $140,630 in wages that were owed to interns, and since that time a total of $138,731 has been recovered. This includes:

$85,968 in owed wages voluntarily paid by 13 employers
$52,763 in owed wages recovered by the ministry through orders issued to four employers

Under the ESA, there are limited circumstances when a person can work as an intern for no pay. For instance, employers usually do not have to pay interns who perform work under secondary school co-op work experience programs for credit or programs approved by a college of applied arts and technology or a university.

The blitz is part of the Ontario government's commitment to ensuring vulnerable employees receive their employment standards entitlements in the workplace.

QUICK FACTS

During the 2014 internships blitz, the ministry recovered more than $48,500 for interns.

ADDITIONAL RESOURCES

QUOTES

"With very few exceptions, unpaid internships are illegal, and it's imperative that employers know their obligations to interns and are following the rules. If you work in Ontario as an intern, and are not exempt, you deserve to get paid at least minimum wage and receive other entitlements under the Employment Standards Act. This blitz shows us there are still employers who don't understand or decide not to follow the rules, and we will continue to work to level the playing field for those that do follow the rules. We will also continue to work to ensure everyone doing an internship is treated fairly and their rights are respected."
— Kevin Flynn, Minister of Labour

CONTACTS

Janet Deline
Communications Branch
416-326-7405

Craig MacBride
Minister's Office
416-326-7709

Ministry of Labour
http://www.ontario.ca/labour

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Ontario auto premiums–and benefits–to drop by June 1

Complying with the Ontario government’s directive to reduce auto premiums by 15 percent is coming at the expense of accident benefits.

Read: Ontario’s 15 percent auto rate reductions was a “stretch goal,” says Wynne

For policyholders renewing on or after June 1, 2016, “the standard auto insurance policy you receive from your insurer or broker will have the new lower benefits—unless you act quickly and contact your insurance representative to purchase optional coverages,” FSCO’s website reads.

Key changes include combining and reducing medical and attendant care benefits for non-catastrophic injuries to a $65,000 total, and combining and reducing the same benefits for catastrophic injuries to a $1,000,000 total.

“Changes also included a prohibition on rating for certain minor accidents,” FSCO added.

This chart from FSCO breaks down the current policy, the new reduced policy and optional endorsements to increase coverage past the June deadline.

In the first quarter of 2016, FSCO approved auto rate changes for 50 insurers. They averaged out to a 3.07 percent decrease, primarily due to insurers complying with the government directive. This compares to a 0.15 percent drop in the fourth quarter of last year.

Insurers approved to decrease their rates include Northbridge General Insurance (-25.51), AIG (-5.22), CAA (-7.76), Echelon (-8.29) and Intact (-3.08).

FSCO only improve rate increases for CUMIS General Insurance Company (8.99), and Nordic Insurance Company of Canada (0.01).

“If you want to maintain the level of coverage that you had previously––or close to what you had previously, or close to what you paid before––you’re not going to see a reduction to your premiums,” Brian Hisey, a broker at Ledoux, Lew & Patterson in Mississauga, Ont., told CityNews. “You’re definitely going to get less coverage starting in June, at a slightly lower cost.”

But IBC spokesperson Celyeste Power defends the changes.

“Ontario has some of the highest auto insurance premiums in Canada and that’s because the insurance product is the richest in Canada,” she says, pointing out that other provinces don’t even offer some of the benefits available in Ontario.

“These changes allow consumers a greater choice in coverage,” including lower interest rates for monthly premium payments and reducing from six months to four weeks the waiting period for people who are not working to receive benefits.

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China's Biggest Bank Sees Bad Loans Blossom

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