Over the last month, we have published a number of posts on the
relief measures announced for administrators and sponsors of
registered pension plans in Canada in response to the COVID-19
crisis. As there have been a number of measures announced by
pension regulators across the country, we thought it would be
helpful to highlight the measures in one document. We have also
included links to the applicable government announcements.
In this summary update, we have added highlights of additional
guidance published by the Ontario and British Columbia pension
regulators on April 24, 2020. The updates are identified below as
"New."
Federal
Deadline Extensions
On March 27, 2020, the Office of the Superintendent of Financial
Institutions ("OSFI") announced a number of filing deadline extensions for
administrators of federally regulated private pension plans,
including the following: