Market Indices February 2014
Saint John Energy, an electrical distribution utility servicing the City of Saint John, New Brunswick, had a mature defined benefit (DB) pension plan that had existed for 80 years.
In a number of past articles, News & Views has discussed Bill C-13 as it relates to deductions of employee contributions for the Canada Pension Plan (CPP) and for Employment Insurance (EI) under self-insured, employer sponsored wage loss...
On February 5, 2014 the Government of Canada announced that Canada and the United States have signed an intergovernmental agreement related to FATCA.
Federal Finance Minister Jim Flaherty tabled his 2014 Budget on Tuesday, February 11, 2014. Here is a brief summary of elements concerning or impacting pension plans, retirement savings and benefit plans.
This estimate of the solvency liabilities reflects the new CIA guidance published in January 2014 for valuations effective December 31, 2013 or later.
The use of specialty drugs has soared in the past few years, a phenomenon we will shed some light on in this article.
Every year, companies must establish an expense for their defined benefit pension plans.
On February 13, 2014, the Canadian Institute of Actuaries (CIA) published the final report and tables on Canadian Pensioners’ Mortality. The report was published after considering comments from approximately 30 varying sources on the July 31, 2013...