Federal Finance Minister Jim Flaherty appears set to discard the option of enhancing the Canada Pension Plan, heading into the meeting with his provincial counterparts…
Each major political party was asked to outline their stance on pension reform and expanding pension coverage for Canadians. Here’s what they said. Green Party…
Only days before federal and provincial finance ministers converge in Kananaskis, Alta., Finance Minister Jim Flaherty has released a draft framework for pooled registered pension…
There are no end to the opinions of what needs to be done to better our current pension system. Although it’s been talked about for…
Little more than a week ahead of the upcoming Kananaskis, Alta., meeting—while the rest of Canada’s finance ministers search for that most elusive of creatures…
In Ontario, government programs guarantee single seniors an income $16,200 per annum, after tax. Couples get $26,300. In Canada, poverty rates for seniors are among…
At their meeting in Prince Edward Island in June 2010, federal, provincial and territorial finance ministers decided to pursue three areas relating to pensions, one…
The federal government has proposed changes to rules governing federally supervised private pension plans to make them less sensitive to financial market volatility, Reuters reports.…
In preparation for the December 20 meeting of federal, provincial and territorial finance ministers, The Canadian Federation of Independent Business (CFIB) is asking the government…
Federal Minister of Finance Jim Flaherty and Saskatchewan’s Deputy Premier and Finance Minister Ken Krawetz, have released draft legislative amendments to accommodate changes to the…
How, exactly, does one get into pension law? John Solursh, partner emeritus in the pension and employee benefits group at Blake, Cassels & Graydon LLP…
Towers Watson recently held its annual U.K. client conference, bringing together clients, consultants and money managers to discuss topical issues. Delivered through a case-study environment,…
Much has been written about the significance of Nolan v. Kerry (Canada) Inc. respecting the use of surplus in defined benefit plans to fund contribution…
The story we published yesterday regarding the outcomes of Tuesday night’s parliamentary “take note” debate on pension reform—Parties joust over pension reform in “take note”…
During late 2008 and early 2009, the Actuarial Standards Board promulgated several changes to the Standards of Practice for Pension Plans (SPPP) applicable for any…
The Canadian Federation of Independent Business (CFIB) has released a new study simulating the economic impact of recent calls to boost Canada Pension Plan (CPP)…
During the life of a pension plan (irrespective of type and size), there are bound to be times when the plan administrator considers delegating some…
The actuarial standards applicable to virtually all defined benefit (DB) pension plans in Canada are undergoing two distinct changes in 2011. These updates will affect…
Government House Leader John Baird announced late yesterday that a special House of Commons “take-note” debate on pension reform is scheduled for the evening on…
A new research study released by the Mowat Centre at the University of Toronto examines the fiscal impact of gradually raising the minimum eligibility age…
Atlantic Canada is a place of rugged beauty, where resources are abundant but nature doesn’t hand them over freely. Whether it’s the Lower Churchill Falls…
Pension reform has been on the government agenda for over a year and real action so far has been sluggish. But, if you add up…
Fasken Martineau recently hosted a seminar outlining incremental changes to federal and provincial pension standards. Yesterday we covered what’s happening in Ontario, today we break…
The Portfolio Management Association of Canada (PMAC) today called for immediate synchronization of federal and provincial pension reform. The industry association advocates transparency in taxes…
Canadian governments need to focus on reforms that allow for increased retirement savings levels in order to ensure individuals have adequate replacement income at…