The government of Ontario government released a draft proposed amendment to the Pension Benefits Act (Ontario) regulations (Regulations) on February 5, 2014 that would modify the application of the 10% quantitative limit for plans registered in Ontario.

Recent Ontario pension reforms have created additional disclosure statement obligations that administrators should consider when they work with their third-party service providers to create annual, termination and death benefit statements.

On December 13, 2013, the Supreme Court of Canada released its much anticipated decision in "IBM Canada Limited v. Waterman" 2013 SCC 70.

Over the last couple of years, Canadian federal and provincial governments have expressed concern over declining pension coverage. They have responded by appointing expert commissions to study the matter, and by proposing possible solutions such as pooled registered pension plans and modest enhancements to the Canada Pension Plan.

The Ontario Government announced yesterday its intention to introduce legislation to provide temporary solvency funding relief for pension plans affected by the market turmoil this year.

The President’s recent budget proposal would impose a new cap on tax-favored retirement benefits.

The U.S. District Court for the District of Massachusetts (on remand from the First Circuit) held that two Sun Capital private equity funds were jointly and severally liable under ERISA...

On December 19, 2019, the federal government announced that proposed changes to the tax treatment of employee stock options will not come into force on January 1, 2020.

On October 18, 2021, the Canadian Securities Administrators (CSA) published for comment Proposed National Instrument 51-107 Disclosure of Climate-related Matters and its accompanying Companion Policy 51-107CP...

This Pension Alert contains information relevant to a pension plan registered in Ontario which has a defined benefit component.

On November 26, the Québec legislature adopted Bill 57, An Act to amend the Supplemental Pension Plans Act, mainly with respect to the funding of defined benefit pension plans (Bill 57).

On August 27, 2010, the Canadian government once again released draft legislation to amend the Income Tax Act (the "Act") relating to investments in so-called "non-resident trusts" (NRTs).

Last week, the B.C. Government introduced a bill that, if passed, would expand the exceptions to the Pension Benefits Standards Act's rule against attachment of pension benefits.

Effective July 1, 2012, the Ontario Superintendent of Financial Services’ powers to order the wind-up of a pension plan has been expanded to include instances where the plan has no active members, or the plan members are no longer accruing pension benefits.

The baby-boomer generation (those born between 1946 and 1964) are a significant share of the Canadian population and while many within this category are opting to continue working well after their retirement years...

As we reported previously, the Federal government is about to join most of the provinces in making mandatory retirement, for the most part, unlawful.

There have been two developments in Nova Scotia pension law in recent weeks.

We published a bulletin last November advising that Ontario's Pooled Registered Pension Plans Act, 2015 and its Regulations had come into force.

On August 27, 2010, the Canadian government once again released draft legislation to amend the "Income Tax Act" (the "Act") relating to investments in so-called "non-resident trusts" (NRTs).

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.