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  • Article

    Canada's Department Of Finance Releases 2024 Fall Economic Statement With Impacts To Pensions

    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...
    CanadaEmployment and HR
    Blake, Cassels & Graydon LLP
    Blake, Cassels & Graydon LLP
  • Article

    COVID-19: Pensions Regulatory Updates Across Canada - September 4, 2020

    There have been many legislative and regulatory changes across Canada for pension plan administrators in response to the COVID-19 pandemic.
    CanadaEmployment and HR
    Blake, Cassels & Graydon LLP
    Blake, Cassels & Graydon LLP
  • Article

    Draft Pension And Deferred Salary Leave Tax Regulations Released

    As part of the Government of Canada's (Government) COVID-19 Economic Response Plan, the Department of Finance Canada announced on July 2, 2020, the release of proposed draft regulations...
    CanadaEmployment and HR
    Blake, Cassels & Graydon LLP
    Blake, Cassels & Graydon LLP
  • Article

    Employment Law Across Canada: Five Considerations For The Year Ahead

    Canadian employers are entering 2026 amid sustained legislative reform and shifting judicial signals. Across multiple provinces, governments have expanded statutory leave protections...
    CanadaEmployment and HR
    Blake, Cassels & Graydon LLP
    Blake, Cassels & Graydon LLP
  • Article

    Extended Relief For Registered Pension Plans And Deferred Salary Leave Plans

    On May 20, 2021, the Department of Finance Canada announced a one-year extension of draft regulations, initially released on July 2, 2020 (2020 Draft Regulations)...
    CanadaEmployment and HR
    Blake, Cassels & Graydon LLP
    Blake, Cassels & Graydon LLP
  • Article

    Federal Budget 2016 – Pension Issues

    In its 2016 budget (Budget), the federal government announced a number of pensions matters, which are discussed below.
    CanadaEmployment and HR
    Blake, Cassels & Graydon LLP
    Blake, Cassels & Graydon LLP
  • Article

    Five Considerations For Navigating Pension Plan De-Risking

    Pension plan administrators are increasingly exploring de-risking strategies to manage various risks associated with defined benefit pension plans.
    CanadaEmployment and HR
    Blake, Cassels & Graydon LLP
    Blake, Cassels & Graydon LLP
  • Article

    FSRA Announces "One-Time Opportunity" For Outstanding Pension Plan Filings

    The Financial Services Regulatory Authority of Ontario (FSRA) has announced a "one-time opportunity" to avoid incurring summary ...
    CanadaEmployment and HR
    Blake, Cassels & Graydon LLP
    Blake, Cassels & Graydon LLP
  • Article

    Legal Trends 2016: Pensions & Employee Benefits

    The newly elected federal Liberal government is committed to exploring enhancements to the Canada Pension Plan (CPP).
    CanadaEmployment and HR
    Blake, Cassels & Graydon LLP
    Blake, Cassels & Graydon LLP
  • Article

    Minimum Wage In Ontario Rises Again

    On March 31, 2009, the general minimum wage in Ontario becomes C$9.50 per hour.
    CanadaEmployment and HR
    Blake, Cassels & Graydon LLP
    Blake, Cassels & Graydon LLP
  • Article

    Ontario Government Announces New Funding Framework For Defined Benefit Pension Plans

    On May 19, 2017, the Ontario government announced that it is implementing a new funding framework for defined benefit pension plans, which includes:
    CanadaEmployment and HR
    Blake, Cassels & Graydon LLP
    Blake, Cassels & Graydon LLP
  • Article

    Ontario Government Releases Further Details About The Ontario Retirement Pension Plan

    On August 11, 2015, the Ontario government released further details about the Ontario Retirement Pension Plan (ORPP) that will be relevant to employers with employees in Ontario.
    CanadaEmployment and HR
    Blake, Cassels & Graydon LLP
    Blake, Cassels & Graydon LLP
  • Article

    Ontario Proposes Pay Transparency Legislation And Other Changes

    On November 6, 2023, the Ontario government announced that it expects to table pay transparency legislation on November 14, 2023, as part of amendments to the Working for Workers Act.
    CanadaEmployment and HR
    Blake, Cassels & Graydon LLP
    Blake, Cassels & Graydon LLP
  • Article

    Ontario Releases Phase 2 of Pension Reform Legislation

    On October 19, 2010, the Ontario government introduced the second stage of pension reform – Bill 120, The Securing Pension Benefits Now and for the Future Act, 2010. These pension reforms will build on the first phase of reforms which received Royal Assent on May 18, 2010, and were discussed in our June 2010 and December 2009 bulletins.
    CanadaEmployment and HR
    Blake, Cassels & Graydon LLP
    Blake, Cassels & Graydon LLP
  • Article

    OSFI Issues Draft Guideline For Derivatives Sound Practices For Federally Regulated Private Pension Plans

    On July 31, 2017, OSFI published for comment a new draft guideline, titled: Derivatives Sound Practices for Federally Regulated Private Pension Plans (Draft Guideline).
    CanadaEmployment and HR
    Blake, Cassels & Graydon LLP
    Blake, Cassels & Graydon LLP
  • Article

    Pension Reform In Western Canada Marks Major Milestone

    The British Columbia government has introduced for First Reading a new Pension Benefits Standards Act (the PBSA), marking a long-anticipated major step towards comprehensive pension reform in the province and in neighbouring Alberta.
    CanadaEmployment and HR
    Blake, Cassels & Graydon LLP
    Blake, Cassels & Graydon LLP
  • Article

    Proposed Changes To Tax Treatment Of Employee Stock Options No Longer Coming Into Force January 1, 2020

    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.
    CanadaEmployment and HR
    Blake, Cassels & Graydon LLP
    Blake, Cassels & Graydon LLP
  • Article

    Quebec Businesses Required to Make Pay-Equity Disclosure

    On March 31, 2011, the "Règlement concernant la déclaration de l’employeur en matière d’équité salariale" came into force.
    CanadaEmployment and HR
    Blake, Cassels & Graydon LLP
    Blake, Cassels & Graydon LLP
  • Article

    Update: Amendments To Canada's Competition Act Now In Effect

    On June 23, 2023, significant changes to the Canadian Competition Act (Act) came into effect.
    CanadaEmployment and HR
    Blake, Cassels & Graydon LLP
    Blake, Cassels & Graydon LLP
  • Article

    Working (More Than) 9 To 5: Changes To Ontario Overtime Rules Now In Force

    Bill 66, Restoring Ontario's Competitiveness Act, 2018, has received royal assent and is now law.
    CanadaEmployment and HR
    Blake, Cassels & Graydon LLP
    Blake, Cassels & Graydon LLP
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