2019 Economic assumptions in accounting for pension and other post‑retirement benefits
Aug 6, 2019Morneau 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.
Performance universe of pension managers' pooled funds as at June 30, 2019
Aug 6, 2019Results of the Universe Performance survey for Q2 2019
British Columbia introduces critical illness or injury leave and domestic or sexual violence leave
Jul 23, 2019Effective May 30, 2019, British Columbia employment standards legislation has been amended to introduce critical illness or injury leave and domestic or sexual violence leave.
Advisory Council’s final report recommends universal, single-payer pharmacare
Jul 23, 2019In 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...
Tracking the funded status of pension plans as at June 30, 2019
Jul 23, 2019The evolution of the financial situation of pension plans since December 31, 2018
FSRA, Ontario’s new pension regulator, takes over from FSCO
Jul 23, 2019On 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.
Impact on pension expense under international accounting as at June 30, 2019
Jul 23, 2019Every year, companies must establish an expense for their defined benefit pension plans.
Employee stock option deduction limits to take effect January 1, 2020
Jul 23, 2019On 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.
Quebec issues draft regulation affecting the stabilization provision
Jul 23, 2019On July 3, 2019, a draft regulation amending the Regulation respecting supplemental pension plans was published in the Gazette officielle du Québec.
Draft employee life and health trust legislation released
Jul 23, 2019In May 2019 the federal Department of Finance released draft legislation with respect to employee life and health trusts (ELHTs).