The problem with big CPP
It seems the idea of expanding the Canada Pension Plan doesn’t die easily. The NDP hasn’t let it go, nor has the Ontario government who,…
- By: Fred Vettese
- June 5, 2012 September 13, 2019
- 10:53
It seems the idea of expanding the Canada Pension Plan doesn’t die easily. The NDP hasn’t let it go, nor has the Ontario government who,…
British Columbia's pension reform is another step closer to reality. The province's bill 38, the Pension Benefits Standards Act (PBSA), was introduced on April 30,…
CARP appears to be getting little industry support in its resistance to the federal government’s raising OAS eligibility from age 65 to age 67.
One of the more significant changes contained in the reform of Ontario’s pension system is the elimination, effective July 1, 2012, of partial windups. This…
The pooled registered pension plan (PRPP) announced by the federal government last year is the first step in the reforms needed to extend pension coverage…
The European Commission is on the cusp of endorsing the revised International Accounting Standard (IAS 19) for use by Europe-listed companies, but the effects on…
The Canadian Association of Retired Persons (CARP) is leading the pushback efforts against the federal government’s decision to raise the OAS eligibility age from 65…
On April 30, 2012, the B.C. government introduced Bill 38, the Pension Benefits Standards Act (PBSA). The bill is the long-awaited result (for B.C.) of…
Quebec’s Superior Court has stated that Ontario’s recent Indalex ruling does not apply in Quebec. The Re Indalex Limited case found that, in some cases,…
Countries around the globe have been making changes to their pension legislation in recent months, as they attempt to balance aging populations, increasing longevity and…
On April 30, the Ontario government released a draft regulation to amend Ontario Regulation 909—the Pension Benefits Act (PBA) General Regulation—and a consultation document seeking…
The Ontario government has released a draft regulation to the Pension Benefits Act—amending Regulation 909 (General)—for comment by June 1, 2012.
British Columbia has introduced legislation that it says will enable employers to offer a wider choice of pension plan options.
One of the touted benefits of pooled registered pension plans (PRPPs) is that they involve an off-loading of fiduciary duty. The employer just has to…
Canadian regulators are seeking to protect institutional investors from unfair pricing by implementing new restrictions around so-called dark pools. Dark pools can limit the impact…
The Ontario government’s reluctance to move ahead with implementing PRPPs in the province has raised the ire of several prominent industry leaders.
Is Canada finally facing the reality that meaningful pension reform can no longer be delayed?
The federal government’s recent decision to raise the eligibility age for old age security (OAS) from 65 to 67 is an absolute must, but it’s…
Alberta’s conservative Wildrose party has suggested that the province withdraw from the Canada Pension Plan (CPP) and create its own Alberta Pension Plan, reports the…
“PRPPs have helped to change the pension conversation because they’ve created conversation,” says Sue Reibel, senior vice-president and general manager, group retirement solutions, with Manulife…
Nova Scotia’s Financial Measures Act, tabled today, will include legislation to change the governance of the province’s largest public sector pension plan and the Nova…
By 2029, Old Age Security (OAS) will not become payable until age 67. After nearly half a century of improvements in government retirement programs, this…
Many Canadians aged 45 to 54, the first age group to be affected by the OAS age increase proposed by the government, were already planning…
Last night the federal government accounted it was raising the eligibility age for Old Age Security (OAS) from 65 to 67. But Canada’s not the…
Several organizations have started to release their comments regarding this year's federal budget. Here's a summary of what they had to say.