Latest news in Governance/legislation

C.D. Howe head recommends OAS changes

Ottawa should move to reform seniors' benefits by letting recipients choose richer payments, later, from the Old Age Security and Guaranteed Income Supplement programs if…

  • By: Staff
  • March 13, 2012 September 13, 2019
  • 10:17
N.S. exempts universities from solvency test

N.S. exempts universities from solvency test

The Nova Scotia government has announced it’s making a change to provincial pension regulations in order to help flailing Dalhousie University.

Governing your pension plan

Governing your pension plan

Pension standards legislation in Canada allows an employer to act as the administrator of its single employer pension plan. However, as a plan administrator, an…

OAS and age: When are we old?

OAS and age: When are we old?

Back in December, the federal government eliminated the last vestiges of mandatory retirement in Canada. It did this by repealing the sections of the Canadian…

OSFI updates letters of credit FAQs

OSFI updates letters of credit FAQs

The Office of the Superintendent of Financial Institutions has updated its frequently asked questions regarding letters of credit.

  • By: Staff
  • February 28, 2012 September 13, 2019
  • 10:17
Could tax-free plans solve the pension puzzle?

Could tax-free plans solve the pension puzzle?

Prime Minister Stephen Harper put pensions on the front page with his announcement on Jan. 23, 2012, that the federal government is considering reducing the…

Canadians lacking confidence in CPP

Canadians lacking confidence in CPP

Nearly half of all Canadians have little or no confidence in the future of the Canada Pension Plan, reports CTV News.

  • By: Staff
  • February 22, 2012 September 13, 2019
  • 11:15
The Drummond report’s pension recommendations

The Drummond report’s pension recommendations

On Feb. 15, 2012, the Commission on the Reform of Ontario’s Public Services released its report. Chaired by noted economist Don Drummond, and announced in…

Pensioners group says retirement security “under attack”

Pensioners group says retirement security “under attack”

The National Pensioners and Senior Citizens Federation (NPSCF) has taken to Ottawa today to lobby Members of Parliament for better pension coverage and support for…

  • By: Staff
  • February 7, 2012 September 13, 2019
  • 13:28
U.S. issues 401(k) fee disclosure rule

U.S. issues 401(k) fee disclosure rule

The U.S. Department of Labor has unveiled its final 401(k) fee disclosure rule, which requires plan providers to provide more details about what employers pay…

  • By: Staff
  • February 7, 2012 September 13, 2019
  • 09:41
Pension reform in Canada: A timeline

Pension reform in Canada: A timeline

With the federal government introducing pooled registered pension plans, the future of pensions is top of mind for plan sponsors, providers and each of the…

Pension reform timeline: Prince Edward Island

Pension reform timeline: Prince Edward Island

Dec. 2, 2010 P.E.I. government introduces Bill 30, Pension Benefits Act, the province’s proposed provincial pension standards legislation. Jessica Bullock is in the pension and…

Pension reform timeline: Quebec

Pension reform timeline: Quebec

Mar. 17, 2011 Quebec Government tables 2011 Quebec Budget and announces proposal to implement voluntary retirement savings plans (VRSPs). Further details respecting VRSPs are set…

Pension reform timeline: British Columbia

Pension reform timeline: British Columbia

Nov. 14, 2008 Alberta/British Columbia Joint Expert Panel on Pension Standards releases its final report. Jessica Bullock is in the pension and employee benefits group…

Pension reform timeline: Alberta

Pension reform timeline: Alberta

Nov. 14, 2008 Alberta/British Columbia Joint Expert Panel on Pension Standards releases its final report. Jessica Bullock is in the pension and employee benefits group…

Pension reform timeline: Nova Scotia

Pension reform timeline: Nova Scotia

Jan. 27, 2009 Pension Review Panel releases its final report regarding private sector pension plans. March 5, 2010 Nova Scotia Government releases discussion paper on…

Pension reform timeline: New Brunswick

Pension reform timeline: New Brunswick

Oct. 28, 2010 New Brunswick government announces appointment of an expert panel to study pensions. Aug. 8, 2011 New Brunswick Task Force on Protecting Pensions…

Pension reform timeline: Manitoba

Pension reform timeline: Manitoba

March 30, 2010 Manitoba Pension Benefits Amendment Act receives Royal Assent. Amendments to the Manitoba Pension Benefits Act (MPBA) effective March 31, 2010:portability must be…

Pension reform timeline: Ontario

Pension reform timeline: Ontario

Nov. 21, 2008 Ontario Expert Commission on Pensions releases its final report. May 18, 2010 Bill 236, Pension Benefits Amendment Act, 2010, receives Royal Assent.…

Making way for pension reform

Making way for pension reform

With the federal government introducing pooled registered pension plans (PRPPs), the future of pensions is top of mind for plan sponsors and providers. We asked…

Menzies speaks about PRPPs

Menzies speaks about PRPPs

The Honourable Ted Menzies, Minister of State (Finance), today spoke at a C.D. Howe Institute roundtable in Toronto on how the introduction of Pooled Registered…

  • By: Staff
  • January 27, 2012 September 13, 2019
  • 14:12
Chief Actuary releases study on measuring CPP sustainability

Chief Actuary releases study on measuring CPP sustainability

The Office of the Chief Actuary has released Actuarial Study #10, Measuring the Financial Sustainability of the Canada Pension Plan.

  • By: Staff
  • January 27, 2012 September 13, 2019
  • 12:12
Changes to Manitoba pension regulations

Changes to Manitoba pension regulations

The Government of Manitoba recently made changes to its pension legislation.

  • By: Staff
  • January 26, 2012 September 13, 2019
  • 12:01
PRPPs: Where will they take us?

PRPPs: Where will they take us?

Canada’s new pooled registered pension plan (PRPP) legislation has been on a roller coaster of support and criticism over the past year—and it hasn’t even…

  • By: Staff
  • January 24, 2012 September 13, 2019
  • 11:50
What’s new for WLRP in 2012?

What’s new for WLRP in 2012?

Advisors who have clients that have employer-funded disability benefits provided on a self-insured basis should take note of a recent change by the federal government…

  • By: Staff
  • January 24, 2012 September 13, 2019
  • 11:03