As at March 31, 2013 - Impact on pension expense under international accounting

Apr 1, 2013

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

New hope for defined benefit plans?

Apr 1, 2013

Many employers and unions are looking for ways to ensure sustainability of their defined benefit (DB) plan, if they can stabilize costs.

Drug cost trends

Apr 1, 2013

Statistics on prescription drug use in 2012 reflect the effect of drug cost control measures implemented by several provinces and the impact of many new generic drugs introduced on the market.

Provincial changes regarding prescription drugs

Apr 1, 2013

Several recent provincial announcements for public drug plans may also impact private benefit programs; those changes are outlined below:

National Summit on Pension Reform held in New Brunswick

Mar 1, 2013

Canada’s Public Policy Forum, in joint sponsorship with Morneau Shepell and SunLife Financial, held a pension reform summit in Fredericton on February 19th and 20th.

OSFI Forum

Mar 1, 2013

On February 12th, the Office of the Superintendent of Financial Institutions (OSFI) hosted its annual pension forum in Toronto to discuss issues and initiatives affecting federally regulated pension plans.

Supreme Court of Canada decision in Indalex

Mar 1, 2013

On February 1, 2013, the Supreme Court of Canada released its decision in Sun Indalex Finance, LLC v. United Steelworkers (“Indalex”).

BC introduces pooled registered pension plans

Mar 1, 2013

On February 28, 2013, the British Columbia government introduced Bill 16, the Pooled Registered Pension Plans Act (the “Act”).