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

CRA temporarily ceases enforcements of requirements to pay

Jul 20, 2020

As part of the Canadian government’s response to the COVID-19 pandemic, the Canada Revenue Agency (CRA) instructed employers and banks in March 2020 that they are not required to comply with or to make remittances based on existing “requirements...

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

Jul 20, 2020

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

New Brunswick proposes defined benefit pension funding reform

Jul 20, 2020

The New Brunswick government recently released proposed changes to the Pension Benefits Regulations (the Regulation) relating to the funding framework for defined benefit (DB) pension plans.

FSRA sets out rules and procedures for approval of commuted value transfers

Jun 22, 2020

Effective May 22, 2020, the FSRA issued Approach No. PE0202APP (the Approach), which provides new guidance on commuted value transfers and annuity purchases for Ontario-registered defined benefit pension plans.

Federal government implements moratorium on solvency special payments

Jun 22, 2020

The federal government has adopted a regulation to provide temporary, short-term solvency funding relief for federally regulated defined benefit pension plans.

OSFI provides automatic consent for portability transfers for retirement eligible members

Jun 22, 2020

On May 7, 2020, the OSFI announced that it has revised its Directives of the Superintendent pursuant to the Pension Benefits Standards Act, 1985 (the Directives) to ease the restrictions on portability transfers for members who are retirement...

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

Jun 22, 2020

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

Impact on pension expense under international accounting as at May 31, 2020

Jun 22, 2020

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

CAPSA releases revised multi-jurisdictional pension plan agreement

Jun 22, 2020

On June 2, 2020, CAPSA announced that representatives of the governments of Alberta, British Columbia, New Brunswick, Nova Scotia, Ontario, Quebec and Saskatchewan and the federal government have signed a new interim Agreement Respecting...

Federal government announces solvency payment moratorium

May 26, 2020

On April 15, 2020, the government of Canada announced that it will provide immediate, temporary relief to sponsors of federally regulated defined benefit pension plans.