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Minority report: Ontario’s 2013 Budget contains a slew of pension and benefit announcements

McCarthy Tétrault LLP
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Canada
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May 3 2013

On May 2, Minister of Finance Charles Sousa tabled the Ontario Liberal government's 2013 Budget. The Budget contains a number of announcements

Federal government proposes "pooled registered pension plans"

McCarthy Tétrault LLP
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Canada
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March 1 2011

On December 16, Minister of Finance Jim Flaherty released a draft report entitled "Framework for Pooled Registered Retirement Pension Plans" (the "Draft Report") in advance of his December 20 meeting with provincial and territorial finance ministers in Kananaskis, Alberta

The first wave of federal PRPP Regulations

McCarthy Tétrault LLP
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Canada
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August 16 2012

Draft Pooled Registered Pension Plan Regulations and an accompanying Regulatory Impact Analysis Statement were released for public comment on August 10, 2012

Supreme Court of Canada releases decision in Indalex

McCarthy Tétrault LLP
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Canada
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February 1 2013

This morning, the Supreme Court of Canada (SCC) released its decision in Sun Indalex Finance, LLC v. United Steelworkers (Indalex). A majority of the

Québec budget makes significant pension announcements

McCarthy Tétrault LLP
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Canada
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March 21 2011

On March 17, Québec tabled its 2011-12 Budget

Case summary: Halliburton Group Canada Inc. v. Alberta

McCarthy Tétrault LLP
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Canada
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May 20 2011

The Alberta Court of Appeal recently rendered a decision that will be of interest to pension plan sponsors who are considering converting their registered pension plans from defined benefit to defined contribution

Québec and Ontario 2011-2012 Budgets: pension reform continues

McCarthy Tétrault LLP
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Canada
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June 2 2011

In March 2011, Québec and Ontario tabled their respective 2011-2012 Budgets

Indalex case to be heard by Supreme Court of Canada

McCarthy Tétrault LLP
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Canada
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December 1 2011

Today, the Supreme Court of Canada agreed to hear an appeal of the unanimous decision rendered last April by the Ontario Court of Appeal (OCA) in Re Indalex Limited (Indalex

Federal government introduces Pooled Registered Pension Plans Act

McCarthy Tétrault LLP
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Canada
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November 21 2011

On November 17, 2011, the Honourable Ted Menzies, Minister of State (Finance), and the Honourable Christian Paradis, Minister of Industry, introduced the Pooled Registered Pension Plans Act (Proposed Act) as a first step in the implementation of Pooled Registered Pension Plans (PRPPs

Re Indalex Limited: a question of priorities

McCarthy Tétrault LLP
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Canada
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October 28 2011

The Ontario Court of Appeal’s decision in Re Indalex Limited in April has raised a number of questions about the strength of secured creditors’ interests, and the scope of an employer’s duty as administrator of a pension plan under the Companies’ Creditors Arrangement Act

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