Holders of third-party asset-backed commercial paper (ABCP) overwhelmingly approved a restructuring plan in a vote on Friday. Approximately 96% of the noteholders voted in favour…
After voting in favour of the asset-backed commercial paper (ABCP) market restructuring plan on Friday, retail investors are looking forward to getting their money back,…
The Ontario Superior Court of Justice has ruled that the third-party asset-backed commercial paper (ABCP) noteholder vote can go ahead on Friday. Justice Colin Campbell…
According to Benefits Canada, total assets in Canadian registered pension plans passed the $1 trillion mark earlier this decade. A question often asked by plan…
Hydro One’s appeal to the Ontario Divisional court regarding pensions was dismissed recently, marking a second legal defeat for the utility company in a year.…
With experts predicting an impending labour shortage due to the mass retirement of baby boomers, Quebec’s provincial government has introduced a bill aimed at smoothing…
The Quebec Court of Appeal has struck down a lower court’s decision on multi-employer pension plans that denied plan sponsors a provision which linked funding…
U.S. plan sponsors face a wave of litigation and proposed new regulations concerning fees charged to members in DC pension plans. Could Canadian plan sponsors…
Investors that hold third-party asset-backed commercial paper (ABCP) will have the opportunity to vote on the restructuring plan on April 25, according to a statement…
The Ontario Superior Court of Justice has granted an application by The Pan-Canadian Investors Committee for Third-Party Structured asset-backed commercial paper (ABCP) under the provisions…
The Pan-Canadian Investors Committee for third-party structured asset-backed commercial paper (ABCP) expects to file an application Monday in the Ontario Superior Court of Justice under…
After months of digging through research and mining public opinion, the Ontario Expert Commission on Pensions offers some hope for the future of defined benefit…
When a purchaser buys the shares of a business the purchaser takes not only the assets but the liabilities as well, as there is no…
Two industry experts weigh in on the DB vs DC debate: advantages and disadvantages, plan sponsor and member perspectives, and the future viability of both…
Three experts have been appointed to review Nova Scotia’s pension benefits legislation. The province announced it would reivew its legislation in November. Bill Black, former…
The January 31, 2008 announcement that the Supreme Court of Canada has agreed to hear an appeal of the Kerry case regarding pension plan expenses…
The Ontario Court of Appeal’s unanimous June 5, 2007 decision in Kerry (Canada) Inc. v. DCA Employees Pension Committee was welcomed by many sponsors of…
Initiatives such as the Carbon Disclosure Project highlight the growing concern about greenhouse gas emissions. Companies and pension fund investors should keep a close eye…
The Supreme Court of Canada has granted leave to appeal in the Elaine Nolan, et al. v. Kerry (Canada) et al. case. Plaintiffs had sought…
Some employers have recently taken a much closer look at their practice of providing almost automatic consent to an employee wishing to take early retirement…
A coalition of Alberta unions says recent changes in the rules governing activities of the board of the Alberta Local Authorities Pension Plan (LAPP) has…
The Nova Scotia Supreme Court has ruled that Michelin’s contribution holidays were valid, according to Morneau Sobeco’s News & Views. The issue was the validity…
Alaska has filed a lawsuit, which seeks US$1.8 billion in damages from Mercer, the former actuary for the state’s Public Employees’ Retirement System(PERS)and Teachers’ Retirement…
On November 20, 2007, the decision of Justice de Lotbinière Panet of the Ontario Superior Court of Justice in Professional Institute of the Public Service…
Nova Scotia’s government has introduced an amendment that will ensure all pension plans are fully funded when a company leaves the province or winds down…