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E.g., Aug 14, 2020
E.g., Aug 14, 2020

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.

Impact on pension expense under international accounting as at June 30, 2020

Jul 20, 2020

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

Alberta provides defined benefit funding and other forms of relief for administrators

Jul 20, 2020

Effective June 24, 2020, the Alberta Employment Pension Plans Regulation (the Regulation) was amended to provide for a number of COVID-19 relief measures in light of the COVID-19 pandemic and economic downturn.

Ontario extends deadlines for annual member statements and other requirements

Jul 20, 2020

On June 18, 2020, the Ontario government filed Regulation 287/20 (the Regulation), which extends deadlines for certain filings and for issuing certain member notices and statements.

FSRA releases draft guidance on missing members

Jul 20, 2020

On June 23, 2020, the Financial Services Regulatory Authority of Ontario (FSRA) released a draft guidance document on the topic of missing members.

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...

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.