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E.g., Feb 25, 2021
E.g., Feb 25, 2021

Proposed rules under the New Brunswick Unclaimed Property Act to affect wound up pension plans

Nov 23, 2020

On September 22, 2020, the New Brunswick FCNB published proposed rules to govern its Unclaimed Property Program, which will be established pursuant to the New Brunswick Unclaimed Property Act (the Act) that received royal assent in March.

Ontario: FSRA sets pension priorities and service standards

Nov 23, 2020

The Financial Services Regulatory Authority of Ontario (FSRA) has issued two draft documents providing insight into its regulation of the pension sector in Ontario.

Saskatchewan loosens restrictions on DB transfers

Nov 23, 2020

On October 5, 2020, the Saskatchewan Superintendent of Pensions announced modifications to the province’s temporary freeze on transfers from defined benefit (DB) pension plans to provide automatic consent for most such transfers from Saskatchewan...

YMPE and tax limits jump by nearly five per cent for 2021

Nov 23, 2020

The Canada Revenue Agency (CRA) has released the year’s maximum pensionable earnings (YMPE) under the Canada Pension Plan (CPP) for 2021.

Tracking the funded status of pension plans as at October 31, 2020

Nov 23, 2020

The evolution of the financial situation of pension plans since December 31, 2019

Quebec introduces target benefit pension legislation

Nov 23, 2020

On October 7, 2020, the Quebec legislature introduced Bill 68, An Act mainly to allow the establishment of target benefit pension plans.

Bill 68: Target Benefit Pension Plans

Nov 3, 2020

Bill 68 “An Act mainly to allow the establishment of target benefit pension plans” was tabled in the Quebec National Assembly on October 7, 2020.

Tracking the funded status of pension plans as at September 30, 2020

Oct 23, 2020

The evolution of the financial situation of pension plans since December 31, 2019

Update: Ontario extends the COVID-19 deemed leave of absence period

Oct 23, 2020

On September 3, 2020, the Government of Ontario filed a regulation extending until January 2, 2021 the job-protected Infectious Disease Emergency Leave that was originally scheduled to end on September 4, 2020.