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On June 20, 2016, Canada's finance minister and several provincial finance ministers announced their agreement in principle to enhance the Canada Pension Plan (CPP) starting January 1, 2019.

Beginning in 2017, the Ontario Retirement Pension Plan (ORPP) will be phased in over a period of four years and will require eligible Ontario employees without a comparable workplace pension plan to be covered by the ORPP.

On October 7, 2010 the Supreme Court of Canada released its unanimous decision in Burke v. Hudson’s Bay Co.

Reform of Canada’s public sector pension plans is no longer limited to active employees – increasingly governments are willing to address expensive components of retiree pensions as a part of their reform initiatives.

Our comments reflect our initial view that benefit/administration expense payments would only be made out of the SRA if absolutely necessary to meet plan obligations.

This is my third blog post in a series on target benefit plans.

We will first examine various ways in which the "traditional" accumulation driven DC plan design fails to maximize value.

One of the most difficult rules for our non-U.S. based clients to accept is controlled group liability for plan termination under Title IV of the Employee Retirement Income Security Act of 1974, as amended (ERISA).

Employers are required to make deductions at source from the earnings of their employees for taxes imposed under the federal and provincial income tax acts.

In an earlier blog post, we discussed some of the risks to sponsors and administrators of registered pension plans.

On July 17, 2023, legislative amendments to British Columbia's Securities Act (the Act), targeted at "modernizing" the statute and improving investor protection, came into force.

The 2020 Agreement Respecting Multi-Jurisdictional Pension Plans (2020 Agreement) between the governments indicated below came into effect on July 1, 2020.

Defined benefit plan sponsors in Alberta (and soon B.C.) should carefully consider taking advantage of recent (and forthcoming) legislation in those provinces.

On February 16, 2016, the Ontario Finance Minister announced a one-year delay in the launch of the Ontario Retirement Pension Plan (ORPP), in order to allow time for the federal government...

Once thought to be part of the Canadian social fabric, mandatory retirement has been under steady attack for many years.

As of December 2006, the Ontario Human Rights Code was amended to abolish mandatory retirement.

In a recent court case in British Columbia, employees who transferred employment as part of a corporate transaction were awarded monetary damages on account of lost pension benefits: Kerfoot v. Weyerhaeuser Company 2012 BCSC 640.