Benefitting fully from the medical expense tax credit
Feb 6, 2012Many taxpayers do not fully benefit from the tax credit for medical expenses to which they are entitled.
Pooled registered pension plans: amendments to the income tax act proposed
Jan 18, 2012The 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, 2012The 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, 2012Quebec 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, 2012CAPSA 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, 2012The 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, 2012Changes 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, 2012New Brunswick filed a new regulation with two important changes affecting defined benefit pension plans registered in New Brunswick.
As at December 31, 2011 - Impact on pension expense under international accounting
Jan 18, 2012Company expenses for their defined benefit pension plans.
Manitoba regulations: solvency funding relief and more
Jan 18, 2012Manitoba has amended its pension regulations to provide for additional solvency funding relief, the use of letters of credit to cover solvency funding obligations, and increased fines for plan administrators.