Update: Pension and benefit accounting to private enterprises

Feb 6, 2012

In 2011, the Accounting Standards Board (AcSB) indicated that it was reviewing the pension and benefit accounting standards for private enterprises, as well as those for not-for-profit-organizations.

Amendments to the Quebec pharmacy act

Jan 18, 2012

The Quebec National Assembly adopted Bill 41 amending the Pharmacy Act.

Pooled registered pension plans: amendments to the income tax act proposed

Jan 18, 2012

The federal government released for consultation their proposed amendments to the Income Tax Act that would accommodate Pooled Registered Pension Plans (PRPPs).

Proposed amendment to the Ontario employment standards act: family caregiver leave

Jan 18, 2012

The Ontario government has introduced a new Family Caregiver Leave, which will expand an employee’s entitlement to a leave to care for an ill or injured family member.

Temporary relief measures for pension plans in Quebec

Jan 18, 2012

Quebec published two draft regulations proposing relief measures for the funding of actuarial deficiencies for defined benefit plans.

Update! - CAPSA finalizes guidelines on prudent investment practices and funding policies

Jan 18, 2012

CAPSA released the final versions of Guideline No. 6: Pension Plan Prudent Investment Practices Guideline and the Self-Assessment Questionnaire on Prudent Investment Practices as well as Guideline No. 7: Pension Plan Funding Policy Guideline.

Financial statements for Quebec pension plans: RRQ allows special purpose financial statements

Jan 18, 2012

The Régie des rentes du Québec issued a press release in which it announced that pension plan administrators in Quebec will now have two options for producing plan financial statements after December 30, 2011.

As at December 31, 2011 - Tracking the funded status of pension plans

Jan 18, 2012

Changes in the financial position of a typical defined benefit plan since December 31, 2007.

New Brunswick provides solvency funding relief, amends requirement for annual valuations

Jan 18, 2012

New Brunswick filed a new regulation with two important changes affecting defined benefit pension plans registered in New Brunswick.