Latest news in Governance/legislation

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
MP pension scrutiny increases

MP pension scrutiny increases

More voices are speaking out against the “platinum-plated pensions” provided to Canada’s members of parliament.

  • By: Tammy Burns
  • January 23, 2012 September 13, 2019
  • 13:12
MP pensions face $1-billion shortfall: C.D. Howe

MP pensions face $1-billion shortfall: C.D. Howe

Fixing rich, underfunded MP pensions is a key step in pension reform, according to a report released today by the C.D. Howe Institute.

Small businesses support PRPPs: Poll

Small businesses support PRPPs: Poll

Canadian small business owners are enthusiastic to adopt the new Pooled Registered Pension Plans (PRPPs), according to a poll of more than 800 companies by…

  • By: Staff
  • January 17, 2012 September 13, 2019
  • 10:03
NDP proposes “pension exchange”

NDP proposes “pension exchange”

NDP leadership hopeful Thomas Mulcair kicked off his campaign with a promise to improve retirement security for Canadians.

  • By: Staff
  • January 12, 2012 September 13, 2019
  • 09:27
Ontario’s new pension rules for marriage breakdown

Ontario’s new pension rules for marriage breakdown

When Bill 133, the Family Statute Law Amendment Act, 2009, was introduced in 2008, it promised to reform the division of pensions on marriage breakdown…

CPP Appeals Board appoints new chairman

CPP Appeals Board appoints new chairman

Canada’s Pension Appeals Board has appointed Justice Douglas Rutherford as the board’s new chairman.

  • By: Staff
  • December 22, 2011 September 13, 2019
  • 11:01
Reminder: CPP changes take effect in January

Reminder: CPP changes take effect in January

Changes to the way employers deduct Canada Pension Plan (CPP) contributions are coming into effect in the new year.

  • By: Staff
  • December 20, 2011 September 13, 2019
  • 09:40
HOOPP moves to immediate vesting

HOOPP moves to immediate vesting

In anticipation of federal legislation requiring pension plans to provide for immediate vesting, the Healthcare of Ontario Pension Plan (HOOPP) has announced that members will…

  • By: Staff
  • December 20, 2011 September 13, 2019
  • 09:34
The employer’s piece in the CPP puzzle

The employer’s piece in the CPP puzzle

Much has been written about the Canada Pension Plan (CPP) since May 2009 when the various federal, provincial and territorial finance ministers undertook their review.…

Manulife speaks out in favour of PRPPs

Manulife speaks out in favour of PRPPs

Manulife Financial is the latest organization to speak out in favour of Canada’s proposed pooled registered pension plan (PRPP) legislation.

  • By: Staff
  • December 16, 2011 September 13, 2019
  • 11:40
Don’t hike CPP premiums: CFIB

Don’t hike CPP premiums: CFIB

The Canadian Federation of Independent Business (CFIB) has expressed its support for Canada’s new pooled registered pension plan (PRPP) legislation—and requested the government not support…

  • By: Staff
  • December 16, 2011 September 13, 2019
  • 09:38
How to fix PRPPs: C.D. Howe

How to fix PRPPs: C.D. Howe

According to a new report by the C.D. Howe Institute, the government’s proposed pooled registered pension plans (PRPPs) are in need of a fix.

  • By: Staff
  • December 15, 2011 September 13, 2019
  • 11:38
Feds release PRPP tax rules for comment

Feds release PRPP tax rules for comment

The federal government has released a package of draft legislative proposals for the Income Tax Act and Income Tax Regulations regarding pooled registered pension plans…

  • By: Staff
  • December 14, 2011 September 13, 2019
  • 11:10
Public sector pensions understated: C.D. Howe

Public sector pensions understated: C.D. Howe

The federal government's unfunded liabilities for its employee pension plans total $227 billion—far more than reported, according to a report by the C.D. Howe Institute.

  • By: Staff
  • December 14, 2011 September 13, 2019
  • 09:23
Pension experts call on finance ministers to expand CPP

Pension experts call on finance ministers to expand CPP

A group of pension experts, including a former chief actuary of the Canada Pension Plan, is calling on Canada's finance ministers to commit to expanding…