Pensions and Benefits Law Blog

Proposed climate change risk disclosure is good for both pension plan administrators and members

On October 18, 2021, the Canadian Securities Administrators (CSA) published for comment Proposed National Instrument 51-107 Disclosure of...

Bill 213: Possible relief from asset transfer procedures, IPPs free at last, and demystifying the successor pension plan regime

On October 6, 2020, the Ontario government introduced in the legislature Bill 213, Better for People, Smarter for Business Act, 2020. Billed as part...

Pension “buy-back restriction” for part-time employees violates Charter

On October 16, 2020, the Supreme Court of Canada (the “SCC”) released its decision in Fraser v. Canada (Attorney General). Fraser is...

Ontario implements new funding relief measures for defined benefit plans

On September 21, 2020, Ontario Regulation 520/20 (the “Amending Regulation”) which amends Regulation 909 under the Pension Benefits Act...

Electronic communications – A key tool for compliance with disclosure obligations for Ontario plan administrators amidst COVID-19 business disruption

The ongoing COVID-19 pandemic continues to cause significant business disruption across all sectors of our society.  Pension plan administrators...

Round-up: Surveying regulatory and other relief impacting pension and benefit plans in Canada (COVID-19 update)

The COVID-19 pandemic has brought rapid regulatory and legislative responses to provide relief to Canadian businesses and workers in many areas. In...

Op-ed – Sounding Board: Governments must ease burden on pension plans in era of coronavirus

Over the past couple of weeks, the impact of the coronavirus pandemic on global markets has taken a devastating toll on personal retirement savings...

COVID-19 – FSRA provides some regulatory relief

Ontario’s provincial pension plan regulator, the Financial Services Regulatory Authority of Ontario (“FSRA”), recently published a...