The federal government has announced that Bill C-25, An Act relating to pooled registered pension plans and making related amendments to other Acts, will receive Royal Assent today, June 28, 2012. As previously reported, Bill C-25 is new legislation implementing the framework for federally regulated pooled registered pension plans (“PRPPs”).
Business Operation: Ontario
Reaching Out – First Edition
Dear Friends, The Social Service Sector Practice Group is pleased to introduce its first FTR Now edition of Reaching Out. Reaching Out is our Social Service Update designed to provide you with legal updates on new and developing cases, trends and topics that are relevant to your sector and which provide you with information and…
Ontario Files Significant Regulations under the Pension Benefits Act
On June 26, 2012, the Ontario government filed a number of amendments to regulations made under the Pension Benefits Act (“PBA”). Specifically, the government filed the much anticipated O. Reg. 178/12 amending General Regulation 909 to support numerous pension reforms. As reported in prior posts and our FTR Now of May 9, 2012, “Implementation of…
Raising the Bar – Third Edition
Dear Friends, We are pleased to provide you with the third issue of Raising the Bar, just in time for your dockside or patio summer reading. In this issue, we share with you some of the key cases from the Ontario courts in the past few months in the context of summary judgment motions. These…
Ontario Files BPS Solvency Funding Relief, JSPP Funding Rules and Filing of Actuarial Valuations Regulation
On June 22, 2012, the Ontario government filed O. Reg 164/12 made under the Pension Benefits Act, amending Regulation 909 (General). Generally speaking, plan administrators are required to file actuarial valuations within nine months from the date of the valuation. O. Reg 164/12 provides an extension to the window for filing actuarial valuations in accordance…
Ontario Legislative Assembly Adjourns Until September 10, 2012
On June 20, 2012, the House adjourned for the summer break. It is scheduled to resume sitting on September 10, 2012.
Amended Ontario Budget Bill Passes
INTRODUCTION Earlier today, the Ontario Legislature passed the government’s Budget bill – Bill 55, the Strong Action for Ontario Act (Budget Measures), 2012. In this FTR Now, we will consider the status of the government’s Budget measures generally, and review the key changes adopted by the Standing Committee on Finance and Economic Affairs (the “Committee”)…
Amended Ontario Budget Bill Passes Third Reading, Receives Royal Assent
On June 20, 2012, Bill 55, Strong Action for Ontario Act (Budget Measures), 2012 (“Bill 55”) passed Third Reading, as amended by the Standing Committee on Finance and Economic Affairs (“Committee”). Among other matters, proposed amendments to interest arbitration processes under a variety of statutes were deleted from the Bill, including the Ambulance Services Collective…
House of Commons Passes the Federal Budget Implementation Bill (C-38)
On June 18, 2012, after voting on over 800 proposed amendments, the House of Commons passed Bill C-38, Jobs, Growth and Long-term Prosperity Act, the omnibus legislation intended to give effect to certain key initiatives outlined in its Budget 2012. Bill C-38 now moves to the Senate for review and confirmation. For more information about…
Bill Adds Gender Identity, Gender Expression to Human Rights Code
On June 13, 2012, a Private Member Bill with three-party support passed at Third Reading, as amended by the Standing Committee on Social Policy. Bill 33, Toby’s Act (Right to be Free from Discrimination and Harassment Because of Gender Identity or Gender Expression), 2012 amends the Human Rights Code to specify that every person has…