In 1987, the Hudson’s Bay Company (HBC) sold the assets of its Northern Stores Division (NSD) to the North West Company (NWC).

The Liberal government in Ontario has recently released its proposed budget.

Two years ago Ontario pension legislation was changed to provide for new rules that will make asset transfers and the merger of two or more pension plans much simpler.

In December of 2010, changes were made to Ontario pension laws to make it easier for employers to withdraw surplus.

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.

A discussion on the differences and pros and cons between defined benefit and defined contribution pension plans.

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.

Mr. Waterman worked for IBM (United Kingdom) and subsequently IBM (Canada) for 42 years when he was dismissed without cause in March of 2009 and was given 2 months of pay in lieu of notice.

The Court of Appeal of Québec has recently reversed a judgment of the Superior Court that had granted two former employees an indemnity in lieu of reasonable notice corresponding to 36 months and supplementary pension payments based on past practice.

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.

U.S. defined benefit plan sponsors have been eager to explore de-risking options to control asset volatility and remove pension liabilities from their balance sheets.

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.

The Supreme Court of Canada’s decision in Sun Indalex Finance, LLC v. United Steelworkers has caused a flurry of activity amongst legal commentators as to how it may impact secured creditors generally.

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.

Last month, the Quebec government posted its budget for 2012-2013, which included a number of pension-related items.