Pension and Benefit Reference: New edition covers new topics

Feb 1, 2013

The Morneau Shepell Handbook of Canadian Pension and Benefit Plans, which was honoured as a Globe & Mail 2012 Business Book Bestseller, has now been published in its 15th Edition.

Provinces and territories announce price reductions for generic prescription drugs

Feb 1, 2013

Nine provinces and all three territories announced in January 2013 that they will work together in a volume purchasing arrangement to acquire the six most prevalent generic drugs, thereby driving down costs and generating savings.

New accounting standard for not-for-profit organizations

Feb 1, 2013

In January 2012, the Canadian Accounting Standards Board (AcSB) issued an Exposure Draft, which proposed changes to the accounting for defined benefit plans for private enterprises and (private) not-for-profit organizations (NFPO).

30,000 Feet - Fourth quarter, 2012

Jan 14, 2013

The Biggest Stories of The Quarter With Significant Ongoing Impact

Cost reductions in provincial drug plans

Jan 1, 2013

The British Columbia government has announced that new generic drug pricing regulations will come into effect on April 1, 2013.

New Brunswick fine tunes shared risk pension plans

Jan 1, 2013

On December 11, 2012, the New Brunswick government announced further proposed amendments to the Pension Benefits Act (“PBA”) via the introduction of Bill 20.

As at December 31, 2012 - Tracking the funded status of pension plans

Jan 1, 2013

This graph shows the changes in the financial position of a typical defined benefit plan since December 31, 2007.

Nova Scotia pension regulations

Jan 1, 2013

The Nova Scotia Department of Labour and Advanced Education released Draft Regulations on December 7, 2012 which, if approved, will introduce new pension rules in Nova Scotia.

As at December 31, 2012 - Impact on pension expense under international accounting

Jan 1, 2013

Every year, companies must establish an expense for their defined benefit pension plans.