No Surplus Distribution Required
On June 26, 2008, the Federal Court of Appeal released a unanimous decision in Cousins et al. v. Attorney General of Canada and Marine Atlantic…
- By: Caroline Helbronner
- July 21, 2008 September 13, 2019
- 00:00
On June 26, 2008, the Federal Court of Appeal released a unanimous decision in Cousins et al. v. Attorney General of Canada and Marine Atlantic…
A fundamental change is underway in the area of global investment management for retirement, and an overhaul of the Canadian pension landscape is needed in…
The Régie has always believed that the Supplemental Pension Plans Act (SPPA) required Québec employers to fund a deficit on withdrawal or plan termination—even for…
Investing in a socially responsible manner is becoming increasingly important to pension plan sponsors, but it seems that in Canada, the legislative environment hasn’t kept…
The Right Stuff July 01, 2008 | Brooke Smith ESG issues are front and centre as pension plans try to balance responsible investing with maximizing…
How the lack of financial market regulations failed asset-backed commercial paper. As the credit crisis continues to unfold, the international debate over the regulation of…
In Good Company July 01, 2008 | Jordan Berger How organizations can work together to incorporate ESG into their investment strategies by following the Principles…
With more than $400 billion in Canadian pension assets under socially responsible investment policies, SRI is an idea whose time has come. Canadian pension assets…
In the first instalment of this article, we looked at the impact of traditional trust law concepts on pension disputes, and saw how the application…
An employee of Nortel Networks Corporation and Nortel Networks Limited launched a class action on June 24, 2008 claiming damages and other relief for Nortel…
An Ottawa-based law firm has commenced a national class action lawsuit on behalf of Nortel employees across the country regarding changes made to the telecom…
Trust Law and Pension Plans—An Evolution in Progress June 23, 2008 | Ian McSweeney and Douglas Rienzo As all pension practitioners know, the provision of…
Plan sponsors would do well to familiarize themselves with the new legislation regarding tax-free savings accounts (TFSA) and phased retirement, according to experts.
Golf fans everywhere know that Tiger Woods really doesn’t like to lose. Neither, apparently, does Quebec’s pensions regulator, the Régie des rentes du Québec. A…
While initial reaction to the Ontario Court of Appeal decision in the Burke v. Hudson’s Bay Company case was positive from those who represent plan…
The case for a principles-based regulatory pension system for single-employer pension plans governed by both plan members and plan sponsors. The search for a better…
If a company’s pension plan has a surplus and that company then sells a division, should a share of the surplus be transferred to the…
Since the early 1990s, the Régie des rentes du Québec has maintained the position that if an employer withdrew from participation in a pension plan,…
Pension and benefits litigation is on the rise in Canada. What should plan sponsors do to prepare? The past few years have shown a steady…
The Association of Canadian Pension Management plans to seek permission to intervene in the Kerry case because it says the issues raised in the appeal…
The government of Newfoundland and Labrador has introduced an amendment to the Pension Benefits Act (PBA), requiring plan sponsors to fully fund any deficits on…
A recent decision of the Ontario Court of Appeal serves as a reminder that directors and officers may have different duties and obligations depending on…
The new measures introduced in Bill 30 mean that Quebec plan sponsors will need to prepare for upcoming changes in pension plan funding and administration.…
DC plan sponsors should enjoy the simplicity, but manage the risks. The late 1990s witnessed an exodus by employers from traditional defined benefit (DB) pension…
Pension surplus: whose money is it anyway? The pension plan surplus ownership debate began with the Dominion Stores case in 1986—a debate that is alive…