Federal budget 2017: What does an 18-month parental leave mean for Canadian employers?
Global News March 23, 2017
Canadian employers aren’t thrilled with the Liberals’ plan to extend parental leave and benefits to 18 months. But they aren’t terribly concerned either.
The government introduced the changes in its 2017 budget, unveiled yesterday, making good on a longstanding campaign promise. New parents now have the option of taking 18 months of leave at a benefits rate of 33 per cent of average weekly earnings. Canadians can still choose to take the traditional 12 months of leave at a benefit rate of 55 per cent of earnings.