As promised in the solvency funding reform measures that were announced on May 19, 2017, the Government of Ontario released interim funding relief measures on June 29, 2017.
On June 29, 2017, the government of Ontario announced a target benefit framework for collectively bargained Ontario multi-employer pension plans (MEPPs).
Ontario Bill 127, which includes several pension measures, has received royal assent. Bill 127 was discussed as part of our summary of the 2017 Ontario Budget.
In April 2017 the British Columbia Financial Institutions Commission (FICOM) released a draft Records Retention Guideline (the “draft Guideline”) for consultation.
The government of Saskatchewan announced changes to Saskatchewan’s provincial sales tax (PST) affecting insurance premiums in its 2017-2018 budget.
On May 19, 2017, the Ontario government announced a new defined benefit (DB) pension plan funding framework, expanded coverage under the Pension Benefits Guarantee Fund (PBGF), and a number of related measures.
On May 9, 2017, the Ontario Government released proposed regulatory changes stipulating the procedures and proposed amounts relating to administrative penalties.
On May 19, 2017, the Ontario government announced a new defined benefit (“DB”) pension plan funding framework and expanded coverage under the Pension Benefits Guarantee Fund (“PBGF”).
Exchange Magazine: Morneau Shepell highlights from a recent release.
On March 28, 2017, the Alberta Treasury Board and Finance (the “regulator”) released a new draft of Interpretive Guideline #12 – Governance, Investment and Funding Policies (“IG-12”).