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Today's Rates & Market News

Today's Rates & Market News

Published: 14 Jun 2021

Markets GDP The UK is a week away from its scheduled reopening, but it is expected that the Prime Minister will announce today that the date will be delayed by up to 4 weeks, with a focus on easing the pressure on hospitals after another surge of cases related to the Indian (Delta) variant. The UK is expecting to have vaccinated all adults by the end of July and allowing for more immunization is t...

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HOW TO PROTECT YOUR INVENTION

HOW TO PROTECT YOUR INVENTION

Published: 14 Jun 2021

As an inventor, one of the best ways to make money is to license your invention to other companies that will manufacture and sell the invention. By shopping your invention around, however, you may be putting your rights to that invention in jeopardy. The move you reveal about your invention, the more likely it is that it will be stolen or copied. So, what’s the best way to protect your invention? ...

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Today's Rates & Market News

Today's Rates & Market News

Published: 09 Jun 2021

Markets GDP The outlook for GBP/USD has improved modestly after Bank of England Chief Economist Andy Haldane suggested Wednesday that the central bank might be closer to tapering its monetary stimulus program than thought previously. In a radio interview, Haldane said there were already some “pretty punchy pressures on prices”, adding that the UK central bank “could start tightening the tap on tha...

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The New Divorce Law

The New Divorce Law

Published: 09 Jun 2021

Government Ministers have confirmed that the new divorce laws in England and Wales will come into force on 6th April 2022. The Divorce, Dissolution and Separation Act 2020 will fundamentally reform the current divorce laws, which are widely considered to be out of date and can encourage a “blame game” between divorcing couples. The New Divorce Rules Divorcing couples will no longer need to blame ...

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Mike Duffy's Complaint Wasn't Without Some Merit – Suspending an Employee Must be Done Carefully

Mike Duffy's Complaint Wasn't Without Some Merit – Suspending an Employee Must be Done Carefully

Published: 09 Jun 2021

Mike Duffy turned 75 and retired from the Canadian Senate this week. In his closing address to his peers, he lamented how he was treated when placed on an unpaid suspension for nearly two years during an investigation into his false expense claims. In his closing remarks, Duffy complained that he should have been treated the way any other suspended employee would have been treated in the same circ...

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The Lines Have Blurred Between Home and Work, But a “Right-to-Disconnect” Law is Ludicrous

The Lines Have Blurred Between Home and Work, But a “Right-to-Disconnect” Law is Ludicrous

Published: 09 Jun 2021

Employers are entitled to demand quality work, even hard work – even if that means demanding employees be available at the drop of a hat. A culture shift has taken place. Fuelled by their experience with remote work, many employees have the myopic belief they are entitled to personalized work arrangements. They expect both flexibility and stability. They will likely have neither. An unfortunate sy...

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Vacation Time Piling Up in Lockdown? It's an Employer's Right to Decide When You Can Use or Lose it

Vacation Time Piling Up in Lockdown? It's an Employer's Right to Decide When You Can Use or Lose it

Published: 09 Jun 2021

Generally, for morale reasons, employers oblige employees in the choice of vacation times, but they do have the right to dictate when it's taken. Can an employer declare your vacation pay forfeited? Variations of this and other questions around vacation pay are popping in my inbox now that summer is coming and people will soon be getting out of lockdown. My answer is employees are entitled to ...

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“They Could Be Fired”: Employees May Need to Show Proof of Vaccination as Workplaces Reopen

“They Could Be Fired”: Employees May Need to Show Proof of Vaccination as Workplaces Reopen

Published: 09 Jun 2021

As Ontario inches toward its economic reopening and employers prepare to recall their workers, labour lawyers are warning that in some cases employees may need to be vaccinated to hold onto their jobs. “Any employee working cheek-to-jowl with other employees could be ordered to be vaccinated,” employment lawyer Howard Levitt said Monday. “If they don’t, they could be fired.” Levitt predicts that r...

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