The Nova Scotia Pension Review Panel has issued an interim position paper outlining its views on key issues and providing clues about the recommendations it…
A pension dispute that has been before courts and regulators for more than a decade is undergoing a further appeal, this time to the Federal…
The long road to synthesizing pension law. Diversity has been, and continues to be, the pride of this nation and the bane of existence for…
Responsible investment is an important issue for many pension plan sponsors today, but when it comes to public policy support for these initiatives, Canada has…
The Pan-Canadian Investors Committee for Third-Party Structured ABCP has commenced the final steps to implement its plan to restructure $32-billion of third-party asset-backed commercial paper…
The Supreme Court of Canada has dismissed a challenge to the restructuring plan for the country’s frozen asset-backed commercial paper (ABCP) market, clearing the way…
The imminent departure of the first wave of baby boomers from the workforce will offer clues about the adequacy of that generation’s saving habits, and…
Best practices and important considerations for developing and maintaining effective investment policy guidelines. The central function of an investment policy statement is to provide structure…
Recent court decisions on pension surplus ownership have turned to plan documentation, but there are still no final answers. Rulings of the Ontario Court of…
After the Ontario Court of Appeal provided a brief respite from the emotional rollercoaster that is Canada’s third-party asset-backed commercial paper (ABCP) market, investors may…
The Ontario Court of Appeal has upheld a lower court’s approval of the third-party asset-backed commercial paper (ABCP) restructuring plan. In its decision, the Court…
Federal and provincial pension benefits standards legislation may be similar, but plan sponsors need to acknowledge the differences between them. Sponsors of defined benefit (DB)…
Around the World August 01, 2008 | Frédéric Létourneau and Leo de Bever In a challenging social and economic environment, plan sponsors are looking to…
In certain circumstances, the Superintendent of Financial Services has the authority under Ontario’s governing pension statute to order a partial plan wind-up. One of those…
On June 26, 2008, the Federal Court of Appeal released a unanimous decision in Cousins et al. v. Attorney General of Canada and Marine Atlantic…
A fundamental change is underway in the area of global investment management for retirement, and an overhaul of the Canadian pension landscape is needed in…
The Régie has always believed that the Supplemental Pension Plans Act (SPPA) required Québec employers to fund a deficit on withdrawal or plan termination—even for…
Investing in a socially responsible manner is becoming increasingly important to pension plan sponsors, but it seems that in Canada, the legislative environment hasn’t kept…
The Right Stuff July 01, 2008 | Brooke Smith ESG issues are front and centre as pension plans try to balance responsible investing with maximizing…
How the lack of financial market regulations failed asset-backed commercial paper. As the credit crisis continues to unfold, the international debate over the regulation of…
In Good Company July 01, 2008 | Jordan Berger How organizations can work together to incorporate ESG into their investment strategies by following the Principles…
With more than $400 billion in Canadian pension assets under socially responsible investment policies, SRI is an idea whose time has come. Canadian pension assets…
In the first instalment of this article, we looked at the impact of traditional trust law concepts on pension disputes, and saw how the application…
An employee of Nortel Networks Corporation and Nortel Networks Limited launched a class action on June 24, 2008 claiming damages and other relief for Nortel…
An Ottawa-based law firm has commenced a national class action lawsuit on behalf of Nortel employees across the country regarding changes made to the telecom…