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  • Article

    Flash: Ontario Court of Appeal Decision Fundamentally Changes Corporate Restructuring Landscape

    Indalex Limited's assets were sold in a liquidating proceeding under the federal Companies' Creditors Arrangement Act (the "CCAA").
    CanadaEmployment and HR
    Davies Ward Phillips & Vineberg LLP
    Davies Ward Phillips & Vineberg LLP
  • Article

    How Will You And Your Benefits Department Respond When Participants Ask About Their 401(K) Fees?

    After new required disclosures shed light on the murky area of 401(k) plan fees, participants eyes should be opened.
    CanadaEmployment and HR
    Osler, Hoskin & Harcourt LLP
    Osler, Hoskin & Harcourt LLP
  • Article

    New Pension Plan Information & Records Guidelines Come Into Effect September 30th

    As noted previously on this blog, pension regulators have been working towards increasing guidance for pension plan administrators in relation to protecting pension plan information and records.
    CanadaEmployment and HR
    Lawson Lundell LLP
    Lawson Lundell LLP
  • Article

    Ontario Introduces Amendments To Support A Permanent Framework For Target Benefit Pension Plans

    On March 26, 2024, the Ontario government published their 2024 Budget, in which it was announced that draft regulations to Ontario's Pension Benefits Act (PBA)...
    CanadaEmployment and HR
    Bennett Jones LLP
    Bennett Jones LLP
  • Article

    Pension Jurisdiction Found To Exist Notwithstanding CCAA

    In British Columbia (Superintendent of Pensions) v Western Forest Products Inc ((2006) Carswell BC 1536 (BCSC)) the superintendent of pensions applied to the court for an order compelling the debtor to comply with the reporting provisions of the provincial pensions legislation.
    CanadaEmployment and HR
    Dentons Canada LLP
    Dentons Canada LLP
  • Article

    Pension May Be Collapsed In The Face Of An Admitted Fraud

    In the recent decision of Alberta Motor Association v. Gladden, 2017 ABQB 174, the Alberta Court of Queen's Bench clarified the limits to which employer-sponsored pension benefits...
    CanadaEmployment and HR
    Bennett Jones LLP
    Bennett Jones LLP
  • Article

    Pension Plan Restructuring (Part IV) - Plan Amendments

    There are other ways to restructure your defined benefit plan to decrease future costs that are typically less drastic than the conversion to defined contribution or plan wind-up options.
    CanadaEmployment and HR
    Osler, Hoskin & Harcourt LLP
    Osler, Hoskin & Harcourt LLP
  • Article

    Supplemental Pension Plans Should Be Read Together With Their Underlying Registered Pension Plan

    In a recent decision, the Ontario Court of Appeal (the Court) upheld a motion judge’s interpretation of the plain meaning of the pension documents and denied a former employee’s claim to an unreduced pension at 62.
    CanadaEmployment and HR
    Stikeman Elliott LLP
    Stikeman Elliott LLP
  • Article

    The HR Space: Gratuitous Payments In Pension Plan

    On June 21, 2011, in Canadian Jewish Congress v. Polger, the Court of Appeal of Québec overturned a decision of the Superior Court that had ordered an employer to pay pension benefits based only on an alleged practice and without proper written documentation to that effect.
    CanadaEmployment and HR
    Fasken
    Fasken
  • Article

    OEB's Consultation Into Regulatory Treatment Of Pension Costs Is Moving Ahead

    As we reported last year, regulated utilities in Ontario can expect changes to the reporting and recoverability in rates of their pension costs.
    CanadaEnergy and Natural Resources
    Aird & Berlis LLP
    Aird & Berlis LLP
  • Article

    A Financial Plan Helps You Get To Your Destination And Enjoy The Journey

    If you've used GPS, you've probably driven down roads you wouldn't have chosen and through towns you've never heard of.
    CanadaFinance and Banking
    Lawyers Financial
    Lawyers Financial
  • Article

    Indalex Limited (Re)

    This decision considers the obligations of a company acting as both employer and pension administrator where the company becomes insolvent. Indalex Limited ("Indalex") obtained protection from creditors under the "Companies' Creditors Arrangements Act" ("CCAA").
    CanadaInsolvency/Bankruptcy/Re-Structuring
    WeirFoulds LLP
    WeirFoulds LLP
  • Article

    Indalex: Not Just a Pension Case

    One of the issues that we did not have the space to deal with in our earlier Flash of April 11, 2011 on the Ontario Court of Appeal decision in Re Indalex Limited, 2011 ONCA 265, was the expansive impact that the decision may well have on corporate group insolvencies — and especially ones that are cross-border in nature.
    CanadaInsolvency/Bankruptcy/Re-Structuring
    Davies Ward Phillips & Vineberg LLP
    Davies Ward Phillips & Vineberg LLP
  • Article

    Pension Jurisdiction Found To Exist Notwithstanding CCAA

    In British Columbia (Superintendent of Pensions) v Western Forest Products Inc ((2006) Carswell BC 1536 (BCSC)) the superintendent of pensions applied to the court for an order compelling the debtor to comply with the reporting provisions of the provincial pensions legislation.
    CanadaLitigation, Mediation & Arbitration
    Dentons Canada LLP
    Dentons Canada LLP
  • Article

    Is Canada Second Best On ‘Best Interest Standard'?

    One of the burning issues is whether a statutory "best interests" standard should apply.
    GlobalFamily and Matrimonial
    O'Sullivan Estate Lawyers LLP
    O'Sullivan Estate Lawyers LLP
  • Article

    COVID 19: CJRS Mark 2 - Chancellor Announces Next Steps

    On Friday evening, 29 May, the Chancellor outlined the planned changes to the Coronavirus Job Retention Scheme.
    CanadaCoronavirus (COVID-19)
    Gowling WLG
    Gowling WLG
  • Article

    COVID-19 Plan Administration Issues: Actions From Federal And Ontario Pension Regulators

    The federal and Ontario pension regulators are adjusting their policies by addressing plan administration issues arising from the COVID-19 crisis.
    CanadaCoronavirus (COVID-19)
    Borden Ladner Gervais LLP
    Borden Ladner Gervais LLP
  • Article

    FSRA Releases Pension Sector Emergency Management Response

    The Financial Services Regulatory Authority of Ontario (FSRA) has released new guidance for pension sector stakeholders and plan members during the COVID-19 pandemic, which adds to previous guidance from FSRA ...
    CanadaCoronavirus (COVID-19)
    Blake, Cassels & Graydon LLP
    Blake, Cassels & Graydon LLP
  • Article

    Proposed Legislation Would Shield Retirement Homes And Long-Term Care Homes From COVID-19 Lawsuits

    On October 20, 2020, the Ontario Government introduced Bill 218, Supporting Ontario's Recovery Act, 2020.
    CanadaCoronavirus (COVID-19)
    Gardiner Roberts LLP
    Gardiner Roberts LLP
  • Article

    Threats Of Civil Claims Add Fuel To The Wild Fire: Protecting Long-Term Care And Retirement Homes Against Legal Liability Arising From The COVID-19 Pandemic

    Last week, Premier Doug Ford stated that "the reality is, despite our best efforts, we're dealing with a wildfire at our long-term care homes right now".
    CanadaCoronavirus (COVID-19)
    Torkin Manes LLP
    Torkin Manes LLP
  • Showing 441–460 of 1854 results

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