Pensioners and plan sponsors may have been ready to sound the alarm this past Halloween when Finance Minister Jim Flaherty announced a tax on income trusts. The tax will be effective in 2011 for existing trusts and 2007 for new trusts. Making the front pages of the major national newspapers, the income trust tax alarm […]
© Copyright 2006 Rogers Publishing Ltd. The following article first appeared in the January 2005 edition of BENEFITS CANADA magazine. Large-scale HR business process outsourcing is in its infancy in Canada. Instead, outsourcing providers are targeting the mid-size market, designing integrated pension and benefit administration services as demand from plan sponsors grows. CIBC came […]