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.

Where an employee’s employment has been terminated and he or she has received damages in lieu of notice, is he or she entitled to accrue pension benefits during the notice period? A recent Ontario case examined the law in this area and determined that absent specific limiting language in the plan document.

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 ..

In 2004, the U.S. Congress enacted section 409A of the U.S. Internal Revenue Code to eliminate perceived abuses in the taxation of non-qualified deferred compensation.

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.

A province is bound by the Proposed Agreement only if it signs the Proposed Agreement. At this stage, the Proposed Agreement contemplates that it will be signed by Alberta, British Columbia, Nova Scotia, Saskatchewan and Quebec.

On July 8th, the B.C. Financial Services Authority ("FSA") released a new draft Information Security Guideline, and opened a consultation period set to close on September 6th, 2024. The new draft Guideline...

The Ontario government recently filed regulations under the "Pension Benefits Act" (the PBA), which implement funding changes for jointly sponsored pension plans (JSPPs) and certain public sector plans, as well as more general changes applicable to all defined benefit (DB) plans.

Earlier this year, we had written about the Ontario government’s plan to implement an Ontario Retirement Pension Plan for Ontario workers and its potential implications for employers.

On November 16, 2016, Bill 70, Building Ontario Up for Everyone Act (Budget Measures), 2016 (Bill) received first reading in Ontario's legislative assembly.

As lawyers who practice for both employers and employees, we know that terminations are rarely pleasant for anyone involved. After all, as the Courts have acknowledged...

The Supreme Court of Canada’s decision in Sun Indalex Finance, LLC v United Steelworkers, 2013 SCC 6, has a number of implications for employers, pension plan administrators, as well as both secured and unsecured creditors.

As private capital funds continue to evolve, investors must navigate an increasingly complex environment shaped by significant tax reforms, regulatory shifts and compliance requirements.