Investing in a resilient Canadian workforce: 2020 Business Council of Canada Skills Survey
Aug 11, 2020This report is not a definitive look at Canada’s changing labour market; instead, it explores how employers are responding to rapid change and attempting to prepare for an uncertain future.
Performance universe of pension managers' pooled funds as at June 30, 2020
Jul 28, 2020Results of the Universe Performance survey for Q2 2020
Ontario extends deadlines for annual member statements and other requirements
Jul 20, 2020On June 18, 2020, the Ontario government filed Regulation 287/20 (the Regulation), which extends deadlines for certain filings and for issuing certain member notices and statements.
FSRA releases draft guidance on missing members
Jul 20, 2020On June 23, 2020, the Financial Services Regulatory Authority of Ontario (FSRA) released a draft guidance document on the topic of missing members.
CRA temporarily ceases enforcements of requirements to pay
Jul 20, 2020As part of the Canadian government’s response to the COVID-19 pandemic, the Canada Revenue Agency (CRA) instructed employers and banks in March 2020 that they are not required to comply with or to make remittances based on existing “requirements...
Tracking the funded status of pension plans as at June 30, 2020
Jul 20, 2020The evolution of the financial situation of pension plans since December 31, 2019
New Brunswick proposes defined benefit pension funding reform
Jul 20, 2020The New Brunswick government recently released proposed changes to the Pension Benefits Regulations (the Regulation) relating to the funding framework for defined benefit (DB) pension plans.
Impact on pension expense under international accounting as at June 30, 2020
Jul 20, 2020Every year, companies must establish an expense for their defined benefit pension plans.
Alberta provides defined benefit funding and other forms of relief for administrators
Jul 20, 2020Effective June 24, 2020, the Alberta Employment Pension Plans Regulation (the Regulation) was amended to provide for a number of COVID-19 relief measures in light of the COVID-19 pandemic and economic downturn.
OSFI provides automatic consent for portability transfers for retirement eligible members
Jun 22, 2020On May 7, 2020, the OSFI announced that it has revised its Directives of the Superintendent pursuant to the Pension Benefits Standards Act, 1985 (the Directives) to ease the restrictions on portability transfers for members who are retirement...