News & Analysis as of

Retirement Plan Pensions Canada

Blake, Cassels & Graydon LLP

The Future of Canadian Pension Governance: Updated Legal Insights

The Canadian regulatory landscape presents a dynamic mix of regulatory, policy and governance updates that demand careful attention from Canadian pension plan sponsors and administrators. Federal and provincial initiatives,...more

Stikeman Elliott LLP

Commu(nica)ted Value: The Québec Superior Court Provides Guidance to Pension Plan Administrators and Employers

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A recent Québec Superior Court decision (Bernard c. Association de bienfaisance et de retraite des policiers et policières de la Ville de Montréal (“Bernard”)) highlights the importance of clear communications with pension...more

Stikeman Elliott LLP

Pensions and Leaves of Absences – No Extension of Canada Labour Code Protections to Other Retirement or Savings Plans

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In the decision of WestJet Encore v ALPA, dated March 31, 2025, Arbitrator Kaplan held that a Canada Labour Code (the “Code”) provision which requires that pension (as well as health and disability) benefits continue to be...more

Blake, Cassels & Graydon LLP

Avantages sociaux et régimes de retraite : Survol des principales tendances pour 2025

Plusieurs tendances notables se dessinent pour 2025 dans le secteur des avantages sociaux et des régimes de retraite. Voici quelques-unes de ces tendances clés...more

Blake, Cassels & Graydon LLP

Pensions and Employee Benefits: Trends for 2025

Looking ahead to 2025 in the area of pensions and employee benefits, several notable trends stand out. The following is a summary of the key trends for 2025...more

Blake, Cassels & Graydon LLP

De récentes modifications à la réglementation de l’impôt sur le revenu touchent les régimes de pension agréés canadiens

Le Règlement modifiant le Règlement de l’impôt sur le revenu (modifications techniques) (le « Règlement ») a été publié dans la Gazette du Canada, Partie II, le 4 décembre 2024. Des ébauches du Règlement avaient été publiées...more

Blake, Cassels & Graydon LLP

Faire face au changement : développements dans le secteur des régimes de retraite et des avantages sociaux

Les modifications réglementaires récentes ainsi que les tendances émergentes dans la jurisprudence et les pratiques exemplaires transforment le secteur des régimes de retraite et des avantages sociaux. Les derniers...more

Bennett Jones LLP

Federal Government Proposes Changes to 30 Percent Rule to Spur Pension Investment Within Canada

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Canada’s federal government announced it intends to remove the “30 percent rule” for investments by domestic pension funds in Canadian entities. The change is part of the Fall Economic Statement that was released on December...more

Blake, Cassels & Graydon LLP

Navigating Change: Developments in the Pensions and Benefits Sector

Recent regulatory changes, case law precedents and best practices are reshaping the pensions and benefits sector. These changes emphasize the need for robust compliance, governance and strategic planning to effectively...more

Blake, Cassels & Graydon LLP

Canadian Registered Pension Plans Impacted by Recently Amended Income Tax Regulations

Regulations Amending the Income Tax Regulations (Technical Amendments) (Regulations) were published in the Canada Gazette, Part II on December 4, 2024. Draft versions of the Regulations had previously been released on August...more

Blake, Cassels & Graydon LLP

Garder le cap avec l’ACOR : Nouvelles lignes directrices sur les régimes de capitalisation et la gestion des risques

Le 9 septembre 2024, l’Association canadienne des organismes de contrôle des régimes de retraite (l’« ACOR ») a publié la ligne directrice no 3 – Ligne directrice pour les régimes de capitalisation (la « ligne directrice pour...more

Blake, Cassels & Graydon LLP

Keeping Up With CAPSA: New Guidelines for Capital Accumulation Plans and Risk Management Released

On September 9, 2024, the Canadian Association of Pension Supervisory Authorities (CAPSA) released Guideline No. 3 – Guideline for Capital Accumulation Plans (CAP Guideline), replacing the 2004 Guidelines For Capital...more

Blake, Cassels & Graydon LLP

Principaux développements dans le secteur des régimes de retraite et des avantages sociaux

De nouveaux développements sur le plan réglementaire, technologique et culturel viennent façonner l’évolution du secteur des régimes de retraite et des avantages sociaux au Canada en 2024....more

Blake, Cassels & Graydon LLP

Key Developments in the Pensions and Benefits Sector

New regulatory, technological and cultural developments are shaping the evolution of Canada’s pensions and benefits sector in 2024. Below are five factors impacting how pension plans and funds operate...more

Blake, Cassels & Graydon LLP

Budget fédéral 2024 : Mesures visant les régimes de retraite, les avantages sociaux et la rémunération des hauts dirigeants

Le 16 avril 2024, le gouvernement fédéral a déposé son budget de 2024 (le « Budget 2024 »), lequel renferme un certain nombre de dispositions concernant les régimes de retraite, les avantages sociaux et la rémunération des...more

Blake, Cassels & Graydon LLP

2024 Federal Budget: Selected Pensions, Benefits and Executive Compensation Measures

On April 16, 2024, the federal government tabled its 2024 budget (2024 Budget), which included a number of provisions related to pensions, benefits and executive compensation. Here is an overview of such key provisions in...more

Bennett Jones LLP

Ontario Introduces Amendments to Support a Permanent Framework for Target Benefit Pension Plans

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On March 26, 2024, the Ontario government published their 2024 Budget, in which it was announced that draft regulations to Ontario’s Pension Benefits Act (PBA) would be introduced for review in the summer of 2024, with the...more

Stikeman Elliott LLP

Québec’s Unique Pension and Benefits Law Requirements for Employers: Two Illustrations

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When engaging employees (or acquiring a business that engages employees) in the Canadian province of Québec, employers and prospective employers should note two unique pension and benefit law requirements, which are absent in...more

Blake, Cassels & Graydon LLP

Canadian Pension Law: 2023 Year in Review

Canadian pension law went through numerous changes in 2023. Below is an overview of certain significant developments from the previous year as we look ahead to what may be coming next....more

Littler

Canada Entered Last Phase of CPP Enhancements on January 1, 2024

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All Canadian employers other than those in Quebec are required to: Deduct Canada Pension Plan (CPP) contributions from their employees’ pensionable earnings if the employee meets certain conditions; Contribute an...more

Bennett Jones LLP

Supplemental Pension Plans Secured with a Letter of Credit may Soon Receive Much Anticipated Refundable Tax Relief

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On November 30, 2023, the federal government introduced Bill C-59, Fall Economic Statement Implementation Act, 2023 (Bill C-59), which included proposed amendments to the Income Tax Act (Canada) (ITA) to implement changes...more

Bennett Jones LLP

Correcting Contribution Errors in Respect of Defined Contribution Pension Plans—New Rules Now in Force

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On June 22, 2023, Bill C-47 received royal assent, implementing a variety of amendments to the Income Tax Act (Canada) (ITA) and its regulations (ITA Regulations) tabled as part of the 2023 Federal Budget. As we previously...more

Bennett Jones LLP

New Pension Priorities in Bankruptcy and Insolvency Are Now Reality

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This is an update of our original blog dated April 24, 2023. Bill C-228, An Act to amend the Bankruptcy and Insolvency Act, the Companies’ Creditors Arrangement Act and the Pension Benefits Standards Act, 1985 received Royal...more

Bennett Jones LLP

Supplemental Pension Plans Secured with a Letter of Credit—Federal Budget 2023 Proposes Refundable Tax Relief

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Retirement compensation arrangements (RCAs) are, in appropriate circumstances, a useful tool for employers to provide supplemental pension benefits to employees, but such arrangements come at a cost of refundable tax under...more

Blake, Cassels & Graydon LLP

Budget fédéral 2023 : Mesures visant les régimes de retraite, les avantages sociaux et la rémunération des hauts dirigeants

Le 28 mars 2023, le gouvernement fédéral a déposé son budget de 2023 (le « Budget 2023 »), lequel comporte un certain nombre de mesures concernant les régimes de retraite, les avantages sociaux et la rémunération des hauts...more

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