Recently, discount cards have appeared on the Canadian market, offering partial refunds on the cost of patented drugs.
The Biggest Stories of The Quarter With Significant Ongoing Impact
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There is a widespread perception that Canada is heading toward a retirement crisis.
On December 19, 2012, in a unanimous decision, the highest court of Canada stated that members of the federal public service Plan, the RCMP Plan and the regular force of the Canadian Forces Plan were not entitled to an estimated $30 billion “...
On December 6, 2012, the Quebec National Assembly adopted Bill 15, which allows the creation of target benefit pension plans (TBPP) in certain companies in the pulp and paper sector, such as Resolute Forest Products and White Birch Paper.
The British Columbia government has announced that new generic drug pricing regulations will come into effect on April 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.
This graph shows the changes in the financial position of a typical defined benefit plan since December 31, 2007.
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.