Morneau Shepell is pleased to provide a survey of the assumptions used by a little over 90 Canadian public companies to account for the costs of their defined benefit plans.
Results of the Universe Performance survey for Q2 2019
Effective May 30, 2019, British Columbia employment standards legislation has been amended to introduce critical illness or injury leave and domestic or sexual violence leave.
In June 2019, the Advisory Council on the Implementation of National Pharmacare (the Advisory Council) issued its final report recommending universal public, single-payer pharmacare for all Canadians, with a phased implementation between 2022...
The evolution of the financial situation of pension plans since December 31, 2018
On June 8, 2019, the FSRA assumed the regulatory duties of the FSCO in respect to pension plan regulation in Ontario, as well as the duties of other financial regulators.
Every year, companies must establish an expense for their defined benefit pension plans.
On June 17, 2019, the federal Minister of Finance tabled a Notice of Ways and Means Motion that would limit the availability of deductions with respect to shares issued under certain employee stock options granted starting January 1, 2020.
On July 3, 2019, a draft regulation amending the Regulation respecting supplemental pension plans was published in the Gazette officielle du Québec.
In May 2019 the federal Department of Finance released draft legislation with respect to employee life and health trusts (ELHTs).