Legislative Updates Posts

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British Columbia amends Pension Benefits Standards Act and Regulations

October 14, 2022
Legislative Updates, Special Notice

British Columbia has announced a major overhaul of the Provision for Adverse Deviation (PfAD) applicable to target benefit plans. In general, the changes will mean ...

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2022 Federal Budget Highlights

April 14, 2022
Legislative Updates, Special Notice

The 2022 Federal Budget, “A Plan to Grow Our Economy and Make Life More Affordable” (Budget 2022) was tabled by Finance Minister Chrystia Freeland on April 7, ...

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Manitoba introduces further amendments to thePension Benefits Act related to solvency and funding for pension plans

January 19, 2022
Legislative Updates, Special Notice

Special Notice - January 19, 2022 On December 20, 2021, the Pension Benefits Regulation, amendment (Regulation 142/2021) amending the Manitoba Pension Benefits Act (Act) came ...

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New Brunswick introduces amendments to Pensions Benefits Act

December 15, 2021
Legislative Updates, Special Notice

On November 3, 2021, New Brunswick introduced Bill 71, An Act to Amend the Pension Benefits Act (Bill 71). Bill 71 introduces proposed changes on ...

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Manitoba regulations related to Bill 8 pension amendments

November 1, 2021
Legislative Updates, Special Notice

On August 12, 2021, Manitoba released long-awaited Regulations related to Bill 8, The Pension Benefits Amendment Act (Bill 8). Bill 8 proposes amendments to the Pension ...

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Newfoundland and Labrador Introduces Amendments to funding for Multi-Employer Pension Plans

August 9, 2021
Legislative Updates, Special Notice

Special Notice - August 5, 2021 Changes eliminate onerous solvency funding requirement and set an appropriate level of minimum funding requirements, providing boards of trustees ...

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