There have been many legislative and regulatory changes across Canada for pension plan administrators in response to the COVID-19 pandemic.

The federal government and the provinces, except for Quebec and Manitoba, have reached an agreement in principle to a Canada Pension Plan (CPP) enhancement that will be phased in over seven years beginning January 1, 2019.

On April 30, 2021, Bill C-30, the most recent federal budget implementation bill, underwent first reading in the House of Commons.

On June 3, the federal government launched a public consultation to assess whether the so called "30% Rule" should be retained, relaxed or eliminated for federally regulated pension plans.

The federal government will be launching consultations on a potential framework regarding target benefit pension plans for federally regulated pension plans.

On October 21, 2015, the Financial Services Commission of Ontario (FSCO) released its investment guidance note on environmental, social and governance (ESG) factors (Guidance Note) in final form.

In July 2015, Gowling WLG advised longstanding Pensions client Rothesay Life on a bulk annuity deal with the Civil Aviation Authority Pension Scheme, worth £1.6 billion.

On August 9, 2017, the Nova Scotia Superintendent of Pensions announced temporary solvency relief for defined benefit pension plans available effective August 8, 2017.

On July 14, 2014, the Ontario government reintroduced its budget that it had originally tabled on May 1, 2014.

The Office of the Superintendent of Financial Institutions released a policy advisory to provide guidance to administrators of federally regulated defined benefit pension plans.

Looking ahead to 2025 in the area of pensions and employee benefits, several notable trends stand out. The following is a summary of the key trends for 2025. Pension De-risking Using Buy-in and Buy-out Annuities.

Geopolitical risk has always been on the radar of pension plans that invest globally, but attention to managing this risk has been heightened following Russia's invasion of Ukraine.

The Canadian regulatory landscape presents a dynamic mix of regulatory, policy and governance updates that demand careful attention from Canadian pension plan sponsors and administrators.

On April 30, 2020, WorkSafeBC announced it is moving forward with adding COVID-19 to the list of diseases for which there is a presumption of it being work-related.

Clark Wilson's Estates & Trusts partner and co-chair of the Estates & Trusts Opinion and Appeals group Polly Storey's paper, "Beneficiary's Access to Trust Documents" has just been published...

This change will only affect pension funds governed by Ontario law. The 2015 federal budget announced a review of this rule at the federal level, but it remains to be seen whether other jurisdictions will follow suit.

On April 7, 2022, Finance Minister (and Deputy Prime Minister) Chrystia Freeland tabled the Liberal Government's federal budget, A Plan to Grow Our Economy and Make Life More Affordable ("Budget 2022").

The Economic Mobility Pathways Pilot (EMPP) was established to combine refugee resettlement and economic immigration to help skilled refugees immigrate to Canada through existing economic...

The Income Tax Act (Canada) has long received bipartisan criticism for its overly punitive taxation on the transfer of small business corporations and farms to the next generation. The founders ..

Under the US-Canada Income Tax Treaty, U.S. taxpayers who participate in Canadian registered retirement plans are not required to pay tax on the annual income and investment gains on their accounts.