GreatNorthCollective/greatnorth-canada-federal-laws-text huggingface dataset:
Marine Safety Fees Regulations — 30
April 1, 2021 30 (1) Subject to subsections (2) to (4), these Regulations come into force on April 1, 2021. Vessel Safety Certificates Regulations * (2) Sections 12 and 26 to 28 come into force on the day on which the Vessel Safety Certificates Regulations come into force. * [Note: Sections 12 and 26 to 28 in force June 23, 2021.] April 1, 2022 (3) Sections 13 to 16 come into force on April 1, 2022. April 1, 2023 (4) Sections 17 to 20 come into force on April 1, 2023.
Marine Safety Fees Regulations — 6
Pending application for service or request 6 (1) An application or request for a service sent before the day on which these Regulations come into force is subject to the fees that were in force on that day. Sending date (2) For the purpose of subsection (1), the application or request for a service is considered to be sent on the day on which it is delivered or, if it is sent by mail, the day on which it is mailed, with the date of the postmark being evidence of that day.
Additional Canada Pension Plan Sustainability Regulations — a
Whereas, pursuant to subsections 113.1(11.145) a and 115(1.3) b of the Canada Pension Plan c , the lieutenant governor in council of each of at least two thirds of the included provinces, having in total not less than two thirds of the population of all the included provinces, has signified the consent of that province to the annexed Additional Canada Pension Plan Sustainability Regulations ; a S.C. 2016, c. 14, s. 50(7) b S.C. 2016, c. 14, s. 52(4) c R.S., c. C-8
Additional Canada Pension Plan Sustainability Regulations — d
Therefore, His Excellency the Administrator of the Government of Canada in Council, on the recommendation of the Minister of Finance, pursuant to paragraph 101(1)(d.1) d and subsection 113.1(11.144) e of the Canada Pension Plan c , makes the annexed Additional Canada Pension Plan Sustainability Regulations . d R.S., c. 30 (2nd Supp.), s. 52 e S.C. 2018, c. 12, s. 401(2)
Additional Canada Pension Plan Sustainability Regulations — 1
Definitions 1 The following definitions apply in these Regulations. Act means the Canada Pension Plan . ( Loi ) additional contribution rate ratio means the ratio — rounded to the nearest whole number or, if equidistant from two whole numbers, to the higher whole number — of the percentage specified in paragraph 46(1)(c) of the Act to the percentage specified in paragraph 46(1)(b) of the Act. ( rapport du taux de cotisation supplémentaire ) benefits means the portions of benefits under the Act in respect of the additional Canada Pension Plan. ( prestations ) legislated means (a) in respect of benefits, as determined without regard to subsection 113.1(11.142) of the Act; and (b) in respect of a first additional contribution rate or second additional contribution rate, as set out in Schedule 2 to the Act, without regard to any deemed amendment under subsection 113.1(11.141) of the Act. ( législatif ) review period means any three-year period for which the Chief Actuary prepares a report for the purpose of subsection 115(1) of the Act. ( période d’examen )
Additional Canada Pension Plan Sustainability Regulations — Additional Canada Pension Plan Sustainability Regulations
Act means the Canada Pension Plan . ( Loi )
Additional Canada Pension Plan Sustainability Regulations — Additional Canada Pension Plan Sustainability Regulations
additional contribution rate ratio means the ratio — rounded to the nearest whole number or, if equidistant from two whole numbers, to the higher whole number — of the percentage specified in paragraph 46(1)(c) of the Act to the percentage specified in paragraph 46(1)(b) of the Act. ( rapport du taux de cotisation supplémentaire )
Additional Canada Pension Plan Sustainability Regulations — Additional Canada Pension Plan Sustainability Regulations
benefits means the portions of benefits under the Act in respect of the additional Canada Pension Plan. ( prestations )
Additional Canada Pension Plan Sustainability Regulations — (a)
legislated means (a) in respect of benefits, as determined without regard to subsection 113.1(11.142) of the Act; and (b) in respect of a first additional contribution rate or second additional contribution rate, as set out in Schedule 2 to the Act, without regard to any deemed amendment under subsection 113.1(11.141) of the Act. ( législatif )
Additional Canada Pension Plan Sustainability Regulations — Additional Canada Pension Plan Sustainability Regulations
review period means any three-year period for which the Chief Actuary prepares a report for the purpose of subsection 115(1) of the Act. ( période d’examen )
Additional Canada Pension Plan Sustainability Regulations — 2
Range — paragraph 113.1(11.141)(a) 2 (1) For the purpose of paragraph 113.1(11.141)(a) of the Act, the range consists of (a) for each year starting with 2024 and ending with 2038, every percentage point that is (i) greater than or equal to 0.41, or (ii) less than or equal to -0.31; and (b) for each year starting with 2039, every percentage point that is (i) greater than or equal to 0.31, or (ii) less than or equal to -0.21. Range — paragraph 113.1(11.141)(b) (2) For the purpose of paragraph 113.1(11.141)(b) of the Act, the range consists of (a) for each year starting with 2024 and ending with 2038, every percentage point that is (i) greater than 0.30 and less than 0.41, or (ii) greater than -0.31 and less than -0.20; and (b) for each year starting with 2039, every percentage point that is (i) greater than 0.20 and less than 0.31, or (ii) greater than -0.21 and less than -0.10. Range — paragraph 113.1(11.141)(c) (3) For the purpose of paragraph 113.1(11.141)(c) of the Act, the range consists of (a) for each year starting with 2024 and ending with 2038, every percentage point that is (i) greater than or equal to 0.41 multiplied by the additional contribution rate ratio, or (ii) less than or equal to -0.31 multiplied by the additional contribution rate ratio; and (b) for each year starting with 2039, every percentage point that is (i) greater than or equal to 0.31 multiplied by the additional contribution rate ratio, or (ii) less than or equal to -0.21 multiplied by the additional contribution rate ratio. Range — paragraph 113.1(11.141)(d) (4) For the purpose of paragraph 113.1(11.141)(d) of the Act, the range consists of (a) for each year starting with 2024 and ending with 2038, every percentage point that is (i) greater than 0.30 multiplied by the additional contribution rate ratio and less than 0.41 multiplied by the additional contribution rate ratio, or (ii) greater than -0.31 multiplied by the additional contribution rate ratio and less than -0.20 multiplied by the additional contribution rate ratio; and (b) for each year starting with 2039, every percentage point that is (i) greater than 0.20 multiplied by the additional contribution rate ratio and less than 0.31 multiplied by the additional contribution rate ratio, or (ii) greater than -0.21 multiplied by the additional contribution rate ratio and less than -0.10 multiplied by the additional contribution rate ratio.
Additional Canada Pension Plan Sustainability Regulations — 3
Applicable provisions — surplus position 3 (1) If the applicable differences referred to in subsection 113.1(11.141) of the Act fall within a range described in subparagraph 2 (1)(a)(i) or (b)(i), 2 (2)(a)(i) or (b)(i), 2 (3)(a)(i) or (b)(i) or 2 (4)(a)(i) or (b)(i), (a) the first additional contribution rates and second additional contribution rates are to be changed, for the purpose of subsection 113.1(11.141) of the Act, in accordance with paragraph 6 (a) or 7 (1)(a) or subsection 7 (2), if applicable; and (b) benefits are to be determined, for the purpose of subsection 113.1(11.142) of the Act, in accordance with sections 9 and 10 , if applicable. Applicable provisions — deficit position (2) If the applicable differences referred to in subsection 113.1(11.141) of the Act fall within a range described in subparagraph 2 (1)(a)(ii) or (b)(ii), 2 (2)(a)(ii) or (b)(ii), 2 (3)(a)(ii) or (b)(ii) or 2 (4)(a)(ii) or (b)(ii), (a) the first additional contribution rates and second additional contribution rates are to be changed, for the purpose of subsection 113.1(11.141) of the Act, in accordance with subsection 11 (2) or (3) or 12 (4) or (5), if applicable; and (b) benefits are to be determined, for the purpose of subsection 113.1(11.142) of the Act, in accordance with sections 14 and 15 , if applicable. Exception (3) If the first additional contribution rates and second additional contribution rates specified in the most recent report prepared for the purpose of subsection 115(1) of the Act include temporary increases in the rates calculated under subparagraphs 115(1.1)(d)(ii) and (e)(ii) of the Act, respectively, and the applicable differences referred to in subsection 113.1(11.141) of the Act would not fall within a range referred to in subsection (2) if those temporary increases were excluded, (a) paragraphs (2)(a) and (b) do not apply; and (b) for each year for which the first additional contribution rate specified in the most recent report prepared for the purpose of subsection 115(1) of the Act includes a temporary increase and for which the sum of that increase and the legislated first additional contribution rate for self-employed persons exceeds the corresponding first additional contribution rate, (i) the first additional contribution rate for self-employed persons is deemed, for the purpose of subsection 113.1(11.141) of the Act, to equal that sum, (ii) the first additional contribution rate for employees and employers is deemed, for the purpose of subsection 113.1(11.141) of the Act, to equal the rate referred to in subparagraph (i), divided by two, and (iii) the second additional contribution rates are deemed, for the purpose of subsection 113.1(11.141) of the Act, to equal the new corresponding first additional contribution rates multiplied by the additional contribution rate ratio.
Additional Canada Pension Plan Sustainability Regulations — 4
Benefit multiplier 4 (1) Subject to subsection (2), in these Regulations, benefit multiplier means the value determined under subsection 9 (2) or (3) or 14 (2) or (3). Default (2) If benefits have not been determined in accordance with these Regulations for a given year, the benefit multiplier for that year is equal to 1.
Additional Canada Pension Plan Sustainability Regulations — 5
No previous rate increase or reduction in benefits 5 If the first additional contribution rates and second additional contribution rates are equal to the corresponding legislated first additional contribution rates and second additional contribution rates and benefits are equal to or greater than the corresponding legislated benefits, a value for S2 and the period to which S2 is to apply are to be determined, for the purposes of sections 8 to 10 , such that if the Chief Actuary were to calculate the first additional contribution rates under paragraph 115(1.1)(d) of the Act assuming the following, the rate calculated for the first year after the review period would be as close as possible to and no greater than the legislated first additional contribution rate for self-employed persons for that year minus 0.1: (a) S2 is to apply to the shortest period that is a multiple of three years and no fewer than six years, starting with the year after the review period; (b) benefits that become payable after the review period are to be increased for the year in which they become payable in accordance with section 9 , using the assumptions set out in the most recent report prepared for the purpose of section 115 of the Act; and (c) for each year of the period to which S2 applies, benefits that became payable before that year are to be adjusted by multiplying them not by the ratio referred to in paragraph 45(2)(b) and subparagraphs 56(2)(c)(ii), 58(1.1)(b)(ii) and 59(c)(ii) of the Act, but by the value determined by the formula (1 + S2) × (PI t / PI t–1 ) – S2 where S2 is a multiple of 0.01 between 0 and 1, PI t is the Pension Index for that year, based on the assumption of future inflation set out in the most recent report prepared for the purpose of section 115 of the Act, and PI t–1 is the Pension Index for the year before that year, based on the assumption of future inflation set out in the most recent report prepared for the purpose of section 115 of the Act.
Additional Canada Pension Plan Sustainability Regulations — 6
Previous rate increase 6 If the first additional contribution rates and second additional contribution rates are greater than the corresponding legislated first additional contribution rates and second additional contribution rates and benefits are equal to the legislated benefits, (a) the first additional contribution rates are deemed to equal the corresponding legislated first additional contribution rates and the second additional contribution rates are deemed to equal the new corresponding first additional contribution rates multiplied by the additional contribution rate ratio; and (b) a value for S2 and the period to which S2 is to apply are to be determined, for the purposes of sections 8 to 10 , such that if the Chief Actuary were to calculate the first additional contribution rates under paragraph 115(1.1)(d) of the Act assuming the following, the rate calculated for the first year after the review period would be as close as possible to and no greater than the legislated first additional contribution rate for self-employed persons for that year minus 0.1: (i) S2 is to apply to the shortest period that is a multiple of three years and no fewer than six years, starting with the year after the review period, (ii) benefits that become payable after the review period are to be increased for the year in which they become payable in accordance with section 9 , using the assumptions set out in the most recent report prepared for the purpose of section 115 of the Act, and (iii) for each year of the period to which S2 applies, benefits that became payable before that year are to be adjusted by multiplying them not by the ratio referred to in paragraph 45(2)(b) and subparagraphs 56(2)(c)(ii), 58(1.1)(b)(ii) and 59(c)(ii) of the Act, but by the value determined by the formula (1 + S2) × (PI t / PI t–1 ) – S2 where S2 is a multiple of 0.01 between 0 and 1, PI t is the Pension Index for that year, based on the assumption of future inflation set out in the most recent report prepared for the purpose of section 115 of the Act, and PI t–1 is the Pension Index for the year before that year, based on the assumption of future inflation set out in the most recent report prepared for the purpose of section 115 of the Act.
Additional Canada Pension Plan Sustainability Regulations — 7
or that year minus 0.1: (a) S2 is to apply to the shortest period that is a multiple of three years and no fewer than six years, starting with the year after the review period; (b) benefits that become payable after the review period are to be increased for the year in which they become payable in accordance with section 9 , using the assumptions set out in the most recent report prepared for the purpose of section 115 of the Act; and (c) for each year of the period to which S1 or S2 applies, whichever is longer, benefits that became payable before that year are to be adjusted by multiplying them not by the ratio referred to in paragraph 45(2)(b) and subparagraphs 56(2)(c)(ii), 58(1.1)(b)(ii) and 59(c)(ii) of the Act, but by the value determined by the formula (1 + S1 + S2) × (PI t / PI t–1 ) – (S1 + S2) where S1 is the value for S1 determined under subsection (1), if applicable to that year, S2 is a multiple of 0.01 between 0 and 1, if applicable to that year, PI t is the Pension Index for that year, based on the assumption of future inflation set out in the most recent report prepared for the purpose of section 115 of the Act, and PI t–1 is the Pension Index for the year before that year, based on the assumption of future inflation set out in the most recent report prepared for the purpose of section 115 of the Act.
Additional Canada Pension Plan Sustainability Regulations — 8
Target benefit multipliers 8 For the purposes of sections 9 and 10 , the interim target benefit multiplier is the value determined by the following formula for the last year of whichever of the applicable periods determined under section 5 , paragraph 6 (b) or subsection 7 (1) or (3) is the shortest and the final target benefit multiplier is the value determined by that formula for the last year of whichever of those periods is the longest: BM t–1 × [(1 + S1 + S2) – (S1 + S2) × (PI t–1 / PI t )] where BM t–1 is the value of the benefit multiplier for the year before that year; S1 is the value for S1 determined under subsection 7 (1), if applicable to that year; S2 is the value for S2 determined under section 5 , paragraph 6 (b) or subsection 7 (3), if applicable to that year; PI t–1 is the Pension Index for the year before that year, based on the assumption of future inflation set out in the most recent report prepared for the purpose of section 115 of the Act; and PI t is the Pension Index for that year, based on the assumption of future inflation set out in the most recent report prepared for the purpose of section 115 of the Act.
Additional Canada Pension Plan Sustainability Regulations — 9
Determination of new benefits 9 (1) Benefits that become payable in a year are to be determined by multiplying the corresponding legislated benefits by the benefit multiplier for that year. Benefit multiplier — no interim adjustment (2) If the interim and final target benefit multipliers are equal, the benefit multiplier is equal to (a) the value determined by the following formula, for each year for which that value is less than the interim and final target benefit multipliers: BM t–1 × [(1 + S1 + S2) – (S1 + S2) × (PI t–1 / PI t )] where BM t–1 is the value of the benefit multiplier for the year before that year, S1 is the value for S1, if any, determined under subsection 7 (1), S2 is the value for S2, if any, determined under section 5 , paragraph 6 (b) or subsection 7 (3), PI t–1 is the Pension Index for the year before that year, and PI t is the Pension Index for that year; or (b) for each subsequent year, the interim and final target benefit multipliers. Benefit multiplier — interim adjustment (3) If the interim target benefit multiplier is less than the final target benefit multiplier, the benefit multiplier is equal to (a) the value determined by the following formula, for each year for which that value is less than or equal to the interim target benefit multiplier: BM t–1 × [(1 + S1 + S2) – (S1 + S2) × (PI t–1 / PI t )] where BM t–1 is the value of the benefit multiplier for the year before that year, S1 is the value for S1 determined under subsection 7 (1), S2 is the value for S2 determined under subsection 7 (3), PI t–1 is the Pension Index for the year before that year, and PI t is the Pension Index for that year; (b) the value determined by the following formula, for each year to which paragraph (a) does not apply and for which that value is less than the final target benefit multiplier: BM t–1 × [(1 + S) – S × (PI t–1 / PI t )] where BM t–1 is the value of the benefit multiplier for the year before that year, S is the value for S1 determined under subsection 7 (1) or, if the period determined under subsection 7 (3) is longer than the period determined under subsection 7 (1), the value for S2 determined under subsection 7 (3), PI t–1 is the Pension Index for the year before that year, and PI t is the Pension Index for that year; or (c) for each subsequent year, the final target benefit multiplier.
Additional Canada Pension Plan Sustainability Regulations — 10
Determination of other benefits 10 Benefits, other than those that become payable in a year, are to be determined, for each year to which paragraph 9 (2)(a) or (3)(a) or (b) applies and for the first year to which paragraph 9 (2)(b) or (3)(c) applies, by multiplying the previous year’s benefits not by the ratio referred to in paragraph 45(2)(b) and subparagraphs 56(2)(c)(ii), 58(1.1)(b)(ii) and 59(c)(ii) of the Act, but by the value determined by the following formula, as the case may be: (a) for each year to which paragraph 9 (2)(a) or (3)(a) applies, (1 + S1 + S2) × (PI t / PI t–1 ) – (S1+ S2) where S1, S2, PI t and PI t–1 have the same values as in the applicable paragraph; (b) for each year to which paragraph 9 (3)(b) applies, (1 + S) × (PI t / PI t–1 ) – S where S, PI t and PI t–1 have the same values as in that paragraph; or (c) for the first year to which paragraph 9 (2)(b) or (3)(c) applies, (FTBM / BM t–1 ) × (PI t / PI t–1 ) where FTBM is the final target benefit multiplier, BM t–1 is the benefit multiplier for the year before that year, PI t is the Pension Index for that year, and PI t–1 is the Pension Index for the year before that year.
Additional Canada Pension Plan Sustainability Regulations — 12
re S3 is the value for S3 determined under subsection (1), S4 is a multiple of 0.01 between -0.4 and 0, if applicable to that year, PI t is the Pension Index for that year, based on the assumption of future inflation set out in the most recent report prepared for the purpose of section 115 of the Act, and PI t–1 is the Pension Index for the year before that year, based on the assumption of future inflation set out in the most recent report prepared for the purpose of section 115 of the Act. Repetition (3) If the sum of the values for S3 and S4 that are determined, respectively, under subsections (1) and (2) is less than -1, the application of those subsections is to be repeated, with the shortest period referred to in paragraph (1)(b) being lengthened by three years for each repetition, until the sum of those values is greater than or equal to -1. All references in these Regulations to the value for S3 determined under subsection (1), the value for S4 determined under subsection (2), the period determined under subsection (1) or the rate calculated under subsection (1) or (2) are to be read as that value, period or rate following the final application of those subsections. Deemed change to contribution rates (4) If the rates calculated under subsection (2) exceed the corresponding first additional contribution rates for self-employed persons, excluding any past temporary increases in those rates resulting from the operation of these Regulations, by more than 0.0001, (a) the first additional contribution rates for self-employed persons are deemed to equal the corresponding rates calculated under subsection (2); (b) the first additional contribution rates for employees and employers are deemed to equal the corresponding rates referred to in paragraph (a), divided by two; and (c) the second additional contribution rates are deemed to equal the new corresponding first additional contribution rates multiplied by the additional contribution rate ratio. Deemed temporary change to contribution rates (5) For each year for which the first additional contribution rate calculated under subparagraph 115(1.1)(d)(ii) of the Act would include a temporary increase if benefits were determined in accordance with sections 14 and 15 and subsection 5(4) of the Calculation of Contribution Rates Regulations, 2021 did not apply, (a) the first additional contribution rate for self-employed persons is deemed to equal the sum of the first additional contribution rate for self-employed persons for that year, as adjusted in accordance with subsection (4), if applicable, and the amount of any temporary increase, rounded to the nearest multiple of 0.01, that is applicable to that year; (b) the first additional contribution rate for employees and employers is deemed to equal the rate calculated under paragraph (a), divided by two; and (c) the second additional contribution rates are deemed to equal the new corresponding first additional contribution rates multiplied by the additional contribution rate ratio.