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On September 11, 2017, the Alberta Treasury Board and Finance announced that the Superintendent of Pensions has extended the deadline to file actuarial valuation reports prepared...

On November 5, 2020, the Ontario government tabled its 2020 budget (Budget), which included a number of pension-related provisions regarding target benefits and a review...

On October 19, 2016, Bill C-27 was introduced in the House of Commons. The big news from the introduction was that Bill C-27, if passed, would amend the federal Pension Benefits Standards Act, 1985.

Effective July 1, 2011, the administration of Ontario and Quebec registered pension plans with members in both jurisdictions is subject to the Canadian Association of Pension Supervisory Authorities Agreement Respecting Multi-Jurisdictional Pension Plans (the Agreement).

When purchasing an existing business, many buyers are understandably reluctant to assume obligations under a target’s defined benefit (DB) pension plan.

On March 27, 2009, the Department of Finance Canada released regulations to provide temporary solvency funding relief for federally regulated defined benefit pension plans.

The Ontario government has recently released draft regulations and proposed contents of draft regulations to implement Ontario pension reform changes.

Last week, the federal government repealed certain provisions of the "Canadian Human Rights Act" which currently permit federally regulated employers to make it a term of employment that employees retire upon reaching a specified retirement age.

There has been an increased focus on environmental, social and governance (ESG) issues in Canada and abroad. Corporate Canada and government organizations face growing...

On June 4, 2009, the Office of the Superintendent of Financial Institutions (OSFI) provided the following direction:

In March of 2010, the Financial Services Commission of Ontario (FSCO) launched its Pension Services Portal (PSP), which enables plan administrators to file Annual Information Returns, Investment Information Summaries, Pension Benefits Guarantee Fund Assessment Certificates, Pension Plan/Fund Financial Statements, Actuarial Information Summaries, and Actuarial Valuation Reports electronically.

On June 20th, the federal government and the provinces, except for Quebec and Manitoba, reached an agreement in principle to enhance the Canada Pension Plan ("CPP").

Significant changes to the PBSR have been made in order to modernize the pension fund investment rules found in Schedule III of the PBSR.

Less than half of Canadians have pension coverage and most of those are defined contribution pensions, which are subject to the whims of the market.

L'Autorité ontarienne de réglementation des services financiers (l'« ARSF ») a publié Priorités et budget 2019-2020 proposés par l'ARSF aux fins de consultation publique (les « propositions »).

Lawson Lundell lawyer Megan Kaneen co-authored an article with Allen Furlong in the International Foundation of Employee Benefit Plans (IFEBP) magazine, Plans & Trusts.

Recent regulatory changes, case law precedents and best practices are reshaping the pensions and benefits sector.