January 9, 2018
On December 14, 2017, the Ontario government posted descriptions of two proposed regulations to the Ontario Pension Benefits Act (PBA) regarding the funding rules for defined benefit pension plans and the availability of an administrator’s discharge upon purchase of an annuity (together, the “Proposed Regulations”). The Proposed Regulations relate to some of the changes to the PBA announced by the…
January 8, 2018
On January 4, 2018, the Regulation to amend the Regulation respecting supplemental pension plans came into force, filling a regulatory void in Quebec’s supplemental pension plans framework that lasted just over two years. This amendment brings the Regulation respecting supplemental pension plans (SPPA Regulation) up to speed with its enabling statute — the Act respecting supplemental pension plans (SPPA) —…
December 19, 2017
Welcome to the 20th issue of the Blakes Pensions Newsletter. This newsletter provides a summary of recent jurisprudential developments that affect pensions and benefits and is not intended to be legal advice. For additional information or to discuss how any aspect of these developments may affect you, please contact a member of the Blakes Pensions, Benefits & Executive Compensation group….
November 29, 2017
The federal government recently confirmed that the new rules for maternity, parental and caregiver benefits under the Employment Insurance Act (EIA) and the corresponding leaves under the Canada Labour Code (CLC) are scheduled to come into force on December 3, 2017. The relevant amendments to the EIA and the CLC are contained within the Budget Bill Implementation Act, 2017 (Bill…
November 21, 2017
On November 2, 2017, Quebec’s Minister of Finance, Carlos Leitão, tabled Bill 149, An Act to enhance the Québec Pension Plan and to amend various retirement-related legislative provisions (Bill), which aims to strengthen the financial security of employees who will retire in the coming years and harmonize the Quebec Pension Plan (QPP) with the Canada Pension Plan. IMPLEMENTATION OF TWO…
November 16, 2017
On November 14, 2017, the Ontario government released its 2017 Ontario Economic Outlook and Fiscal Review and introduced Bill 177, Stronger, Fairer Ontario Act (Budget Measures), 2017 (Bill 177), which looks to amend the Ontario Pension Benefits Act (Ontario PBA) and Financial Services Regulatory Authority of Ontario Act, 2016 (FSRA Act). Bill 177 also enacts the Financial Services Tribunal Act,…
November 2, 2017
Please join members of the Blakes Pensions, Benefits & Executive Compensation group for discussions on recent updates and legal developments in pensions and employee benefits law. Topics Regulatory and caselaw update Privacy and cybersecurity – what every plan administrator needs to know Outsourced pension investment structures – what are the legal ramifications? Resolving administrative errors and Ontario’s new administrative…
October 23, 2017
Large Canadian pensions frequently invest in the various alternative asset classes through their own or third-party-managed feeder, co-investment or other vehicles established in jurisdictions outside of Canada. Common jurisdictions include the Cayman Islands, Delaware, Ireland and Luxembourg, which will be the focus of this seminar. The seminar will address some key legal and taxation issues including new developments for commonly…
October 20, 2017
Welcome to the 19th issue of the Blakes Pensions Newsletter. This newsletter provides a summary of recent jurisprudential developments that affect pensions and benefits and is not intended to be legal advice. For additional information or to discuss how any aspect of these developments may affect you, please contact a member of the Blakes Pensions, Benefits & Executive Compensation group….
October 10, 2017
The Blakes Doing Business in Canada guide is an introductory summary of the laws and regulations that affect the conduct of business in Canada.
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