After nearly five years of expert panels, white papers and public consultations there is a sense that the current wave of pension reform is winding…
A new survey conducted by Environics survey conducted for the Canadian Union of Public Employees shows that proposals to expand the Canada Pension Plan (CPP)…
The Office of the Superintendent of Financial Institutions (OSFI) has issued its Intervention Guide for Federally Regulated Private Pension Plans. This is the first time…
It has been a month since Canada’s finance ministers emerged from their Kananaskis, Alta. meeting and announced agreement on moving forward with the pooled registered…
The Canadian Labour Congress (CLC) is looking for the culprits that stymied the enhancements to the Canada Pension Plan (CPP). The CLC publicly announced that…
Plan sponsors looking to convert from a defined benefit (DB) pension plan to a defined contribution (DC) plan should review the Alberta Court of Appeal…
On the heels of recent high-profile pension insolvencies such as Nortel, a patchwork of confused and ill-conceived remedial legislation in 2010 is at various stages…
The Ontario government has changed its mind and now intends to give ex-Nortel employees the choice to opt out of a windup plan for their…
In the recent Burke v. Hudson’s Bay Co. decision, the Supreme Court of Canada (SCC) held that plan members who were transferred to a successor…
Finance Minister Jim Flaherty has announced that the provinces and federal government came to an agreement during yesterday’s meeting in Kananaskis, Alta., to move ahead…
Federal Finance Minister Jim Flaherty appears set to discard the option of enhancing the Canada Pension Plan, heading into the meeting with his provincial counterparts…
Each major political party was asked to outline their stance on pension reform and expanding pension coverage for Canadians. Here’s what they said. Green Party…
Only days before federal and provincial finance ministers converge in Kananaskis, Alta., Finance Minister Jim Flaherty has released a draft framework for pooled registered pension…
There are no end to the opinions of what needs to be done to better our current pension system. Although it’s been talked about for…
Little more than a week ahead of the upcoming Kananaskis, Alta., meeting—while the rest of Canada’s finance ministers search for that most elusive of creatures…
In Ontario, government programs guarantee single seniors an income $16,200 per annum, after tax. Couples get $26,300. In Canada, poverty rates for seniors are among…
At their meeting in Prince Edward Island in June 2010, federal, provincial and territorial finance ministers decided to pursue three areas relating to pensions, one…
The federal government has proposed changes to rules governing federally supervised private pension plans to make them less sensitive to financial market volatility, Reuters reports.…
In preparation for the December 20 meeting of federal, provincial and territorial finance ministers, The Canadian Federation of Independent Business (CFIB) is asking the government…
Federal Minister of Finance Jim Flaherty and Saskatchewan’s Deputy Premier and Finance Minister Ken Krawetz, have released draft legislative amendments to accommodate changes to the…
How, exactly, does one get into pension law? John Solursh, partner emeritus in the pension and employee benefits group at Blake, Cassels & Graydon LLP…
Towers Watson recently held its annual U.K. client conference, bringing together clients, consultants and money managers to discuss topical issues. Delivered through a case-study environment,…
Much has been written about the significance of Nolan v. Kerry (Canada) Inc. respecting the use of surplus in defined benefit plans to fund contribution…
The story we published yesterday regarding the outcomes of Tuesday night’s parliamentary “take note” debate on pension reform—Parties joust over pension reform in “take note”…
During late 2008 and early 2009, the Actuarial Standards Board promulgated several changes to the Standards of Practice for Pension Plans (SPPP) applicable for any…