On December 16, Minister of Finance Jim Flaherty released a draft report entitled "Framework for Pooled Registered Retirement Pension Plans" (the "Draft Report") in advance of his December 20 meeting with provincial and territorial finance ministers in Kananaskis, Alberta.

The U.S. Department of Labor has released its long-awaited re-write of proposed changes to the rules determining who is a fiduciary under ERISA.

New amendments to the Ontario "Pension Benefits Act", which are expected to come into effect on July 1, 2012.

Gowlings Employment & Labour Law Group and Grand River Personnel address key areas of interest for HR in 2015...

The Supreme Court of Canada today granted leave to appeal in "Indalex Limited (Re)". This is an appeal from the Ontario Court of Appeal (2011 ONCA 265).

The newly elected federal Liberal government is committed to exploring enhancements to the Canada Pension Plan (CPP).

A partner is a partner and cannot be an employee of the partnership.

Last week, we began a blog post series that considers some of the common myths surrounding target benefit plans (TBPs).

On March 26, 2014, the New Brunswick legislature introduced for first reading Bill 51, An Act Respecting Members’ Pensions, which proposes to move Members of the Legislative Assembly (MLAs) to the shared risk pension plan currently available for other public sector employees in New Brunswick.

Last year, the British Columbia Government amended the Family Law Act provision for pension division on relationship breakdown.* Many of those amendments required changes to be made to the accompanying...

Removal of limits on the use of letters of credit.

Building on pension reforms passed earlier this year, the Ontario government announced a second set of reform proposals on August 24, 2010.

The Ontario Court of Appeal recently upheld the trial judgment in King v. 1416088 Ontario Ltd., a case we previously blogged about here.

On September 14, 2017, the Ontario Energy Board ("OEB") released its final report, Regulatory Treatment of Pension and Other Post-employment Benefits (OPEBs) Costs (EB-2015-0040) ("Report").

The Ontario Expert Commission on Pensions released its final report, entitled “A Fine Balance: Safe Pensions; Affordable Plans, Fair Rules” (the Report), which contains 142 recommendations to the Ontario government for "reforming and reinvigorating" the pension system in Ontario.

Effective November 1, 2012, Ontario has extended its solvency funding relief measures applicable to private sector pension plans.

Following up on its 2012 budget, the Ontario government announced that it will begin consultations on a new legislative framework for jointly sponsored public sector pension plans (JSPPs).

On May 19, 2017, the Ontario government announced that it is implementing a new funding framework for defined benefit pension plans, which includes:

The Ontario government has posted for public consultation a proposed exemption to the 10% rule which applies to investments of Ontario pension plans.

On August 11, 2015, the Ontario government released further details about the Ontario Retirement Pension Plan (ORPP) that will be relevant to employers with employees in Ontario.