1,854 results found

On December 16, 2024, the Department of Finance published the 2024 Fall Economic Statement (FES). The FES builds on the federal government's earlier announcements...

In May 2021, the Canadian Association of Pension Supervisory Authorities (CAPSA) released updated Guideline No. 7, Pension Plan Funding Policy Guideline.

Delays in the commencement of pension benefit payments to a member or his/her survivor sometimes inadvertently occur.

After the federal government announced a consultation process on target benefit plans, much of the media coverage focussed on the Canada Pension Plan.

Pension plan administrators are increasingly exploring de-risking strategies to manage various risks associated with defined benefit pension plans.

With several Canadian defined benefit (DB) pension plans experiencing a surplus in funds in recent months, partner Stephanie Kalinowski said in an interview with Benefits Canada that many employers...

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 27, 2012, the Ontario government introduced Bill 55, Strong "Action for Ontario Act (Budget Measures), 2012", for first reading. Schedule 53 of Bill 55 sets out a number of amendments to the Ontario "Pension Benefits Act" (PBA) which relate to previous amendments that have not yet come into force, including amendments:

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.

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.

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

In September 2017, Nova Scotia's Department of Finance and Treasury Board announced that stakeholder input is being sought regarding potential permanent changes to the funding framework for defined benefit pension plans for Nova Scotia.

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).

This is my first blog post in a series regarding target benefit plans (also called defined ambition plans).