Ontario Consults on New LIF, Locked-in RRIF and LIRA Unlocking Rules

Ontario has proposed significant changes governing the unlocking of funds held in Life Income Funds (LIF), locked-in Registered Retirement Income Funds (RRIF) and Locked-In Retirement Accounts (LIRA). The proposal is most relevant to financial institutions that administer these accounts.

Separate Agreements, Separate Forums: When Equity Disputes Escape the Employment Arbitration Clause

How employment and equity arrangements are structured and interpreted remains a focus for Ontario courts. Hicks Morley’s Avleen Banwait examines a key distinction for employers to consider when drafting relevant provisions: equity-based claims may fall outside the scope of an employment arbitration clause where separate agreements and forums are at play.