This year in Canada, there have been several changes that are sure to affect the lives and living of people in the country. It is generally believed that every regulation and policy implemented is done with the people in mind.
However, in reality, it does not always become so. Sometimes, it turns out that the regulations are primarily to benefit a wealthy minority. Sometimes, it turns out that these regulations and policies benefit the masses. Sometimes, however, the policies and regulations implemented are genuinely intended to favor the citizens, but they turn out to be disadvantageous to the very citizens they seek to aid. Time will tell if the policies and regulations implemented in 2018 will be of advantage or disadvantage to the people of Canada.
Some of such policies and regulations implemented in 2018 include:
There has been a loud call for Marijuana legalization in Canada over the years. However, it was legalized on October 17, 2018.
However, it can only be legally sold to people over eighteen years of age. Provinces can set their minimum age requirements for marijuana usage.
Provinces also have to figure out how to sell and regulate marijuana. Under the new federal legislation, the limit a person of legal age can possess when it comes to marijuana is thirty grams or its equivalent in dried form. However, this new liberty comes with harsh sanctions such as a fourteen years sentence for anyone found guilty of selling to a minor.
Marijuana Legalization may be a good thing as it increases liberty. It could also be a bad thing if it promotes abuse and dependency on these drugs. It could become a negative change crime rate increases as a result of the new found liberty to use Cannabis for recreational purposes. Only time will tell if the legalization of Marijuana was the right move.
Small-business tax changes
Beginning from January 1, 2018, Ottawa began to follow stricter measures in making sure that small-business owners are not cheating the government out of its money. Already, small-business owners can reduce the tax load on them by sharing their income with family members in a process known as ncome sprinkling’.
However, the rules are now more rigid as the Department of Finance insists that tests will be carried out to make sure that benefitting family members have made a significant contribution to the family businesses, and are not just fronts to hide money from the government. This might be a good plan to help the government monitor taxes, especially as there are well-defined parameters for measuring ignificant contribution’.
Employment Law Changes
There have been a series of employment law changes across Canada. In Ontario for instance, the minimum wage was hiked from $11.60 per hour to $15 per hour. Other new regulations include the three weeks of paid vacation for employees who have worked with a company for five years.
These changes are done with a view to better the lives of citizens, but time will tell if these policies and regulations are the right moves.