The Ontario government's pension plan falls well short of the universal, DB retirement security Ontarians need, and are being used as a smokescreen for more dangerous legislation, says the Canadian Union of Public Employees.
In the November 2014 edition of Frontlines: Market Watch, This month in numbers, Legal briefs and more
I don’t believe many pension administrators routinely read the Canada Revenue Agency’s quarterly publication, Excise and GST/HST News. Notification of edition No. 93 hit my inbox earlier this week. Not expecting much news around my practice area of GST/HST for pension and employee benefits plan, my job dropped to read the news that the Department of Finance has published draft amendments to the Excise Tax Act (ETA) proposing that PRPPs will be subject to the same GST/HST rules as registered pension plans (RPPs).
While attending last week’s Pension Policy Forum in Toronto, it became clear that the focus of pension reform in this country has gradually been shifting.
Nova Scotians will soon have a new option to save for their retirement.
Ontario small business owners are feeling vulnerable to the introduction of the Ontario Retirement Pension Plan.
A few years back, we held a session at the annual Avantages Montreal DC conference and asked the sponsor audience how likely they would get involved in helping DC members optimize their retirement income, post-accumulation. Sadly, only two out of the 50 or so sponsors present said they would. But it looks like things are changing.
The Government of Ontario has reintroduced its budget that includes the proposed Ontario Retirement Pension Plan.
Eighty-five percent of small business owners in Quebec support the concept of the new voluntary retirement savings plan, according to a survey.
After a number of false starts (and there may be more yet), the goal of pension reform in Canada seems to have zeroed in on helping middle-income Canadians maintain their standard of living into retirement.