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ARTICLE · 05 JUNE 2020

Update No. 2: Considerations For Pensions And Benefits During COVID-19

Blake, Cassels & Graydon LLP
Blake, Cassels & Graydon LLP
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Blake, Cassels & Graydon LLP

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Further to our April 2020 Blakes Bulletin Considerations for Pensions and Benefits During COVID-19, the following are highlights of subsequent legislative and regulatory updates relevant to COVID-19.

CanadaCoronavirus (COVID-19)

Further to our April 2020 Blakes Bulletin: Update: Considerations for Pensions and Benefits During COVID-19, the following are highlights of subsequent legislative and regulatory updates relevant to COVID-19.

This bulletin discusses COVID-19-related updates from the following jurisdictions:

ADOPTION OF THE 2020 AGREEMENT RESPECTING MULTI-JURISDICTIONAL PENSION PLANS

On June 2, 2020, the Canadian Association of Pension Supervisory Authorities announced that the following governments have signed the 2020 Agreement Respecting Multi-Jurisdictional Pension Plans (2020 Agreement), which will govern the administration and regulation of multi-jurisdictional pension plans between their jurisdictions, effective July 1, 2020:

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