CPP enhancements receive final sign-off
Canada’s governor general has signed an order in council to bring the Canada Pension Plan enhancements in Bill C-26 into force, marking the final step…
- By: Staff
- March 2, 2017 September 13, 2019
- 10:30
Canada’s governor general has signed an order in council to bring the Canada Pension Plan enhancements in Bill C-26 into force, marking the final step…
Canadian retirees report a higher degree of financial satisfaction, are more confident in their financial decisions and have less anxiety about retirement compared to those…
In a case with significant consequences for Canadian employers and workers that has echoes of the saga involving Nortel Networks Corp., the British Columbia Supreme…
Newly-elected members of the House of Assembly in Newfoundland and Labrador could be moved out of their defined benefit pension plan to a defined contribution…
Nearly half (48 per cent) of retired Canadians aged 50 and over stopped working earlier than expected, with 33 per cent doing so because of…
The interest in pension funding rules is as great as ever, with changes taking effect in Quebec in 2016 and a review of funding rules…
Manitoba should initiate an overall pension funding reform review similar to other provinces rather than continuing to rely on temporary solvency relief measures, according to…
Canada’s health-care union, the Services Employees International Union Healthcare, is introducing a new low-fee, portable retirement plan for its members and their family members. The…
As the registered retirement savings plan turns 60 this year and the annual contribution deadline looms ahead, two new pieces of research show a shift…
China sees Canada as a valuable source of expertise as both countries grapple with the needs of an aging population that’s increasingly retired, according to…
Longevity for Canadian pensioners is lower than anticipated, which could be costing defined benefit plan sponsors, according to new research by Club Vita Canada Inc.…
When General Electric Co. acquired French multinational Alstom’s energy activities in November 2015, the transaction was via a stock purchase. That meant the whole division…
Like most 19-year-olds, Gary Howe didn’t pay a great deal of attention to his pension entitlements when he signed up with Stelco Inc. as an…
In its 2024 budget on Tuesday, the federal government announced a new working group dedicated to encouraging increased domestic investments by Canadian institutional investors. Former…
Simply put, a glide path is a calculation designed to support an employee’s desired retirement timeline through investments in a target-date fund. When an employee…
Employer-sponsored retirement plans that offer matching contributions can help younger workers retire earlier and with more money, according to a new report by Mercer Canada.…
In its 2024-25 annual plan, the Financial Services Regulatory Authority of Ontario is focusing on assessing and mitigating systemic and high-priority risks in the province’s…
A renewed call for increased domestic investments by Canadian pension plans isn’t surprising amid an ongoing discussion around the role of investment organizations in supporting the…
In its 2024 budget on Tuesday, the Ontario government reiterated its support for a provincial infrastructure bank to leverage public sector pension investments. The bank,…
Clear and flexible regulations that reflect the nature and diversity of target-benefit plans would allow these plans to thrive, according to a new report from…
The Ontario Pension Board is working closely with employers to receive updated salary information from public sector workers that may have been impacted by the…
The University Pension Plan is launching a new web portal to prioritize plan member engagement throughout the year. “Transparency is an important value to our…
As Ontario prepares to introduce pay transparency legislation, it’s important for employers to consider how much information they want to share in job postings, says…
Desjardins Insurance is marking Financial Literacy Month with a series of budgeting workshops for employees and an interactive game to help improve financial literacy. The…
Many plan members are experiencing risk factors related to poor mental, physical and financial well-being, but often don’t know they can turn to their benefits…