Solvency Funding Relief Proposal for Public Sector and BPS Pension Plans Released

On February 10, 2011, the Ontario government released its proposed details regarding solvency funding relief for the public sector and broader public sector (“BPS”). The government first announced that it would consider providing solvency funding relief for university pension plans on August 5, 2010 (which was consistent with the 2010 Budget announcement that solvency funding…

C-28, formerly the “Fighting Internet and Wireless Spam Act

As we reported, Bill C-28 (formerly the Fighting Internet and Wireless Spam Act), received Royal Assent on December 15, 2010, and will come into force on a day to be fixed by order of the Governor in Council. Bill C-28 was originally introduced with a Short Title, the Fighting Internet and Wireless Spam Act. At…

Bill C-28 Receives Royal Assent

On December 15, 2010, Bill C-28 (formerly the Fighting Internet and Wireless Spam Act), received Royal Assent. The Bill will come into force on a day to be fixed by order of the Governor in Council. As previously reported, the Bill enacts comprehensive anti-SPAM legislation and specifically amends PIPEDA to prohibit the collection of personal…

Compliance Reports Regulation Filed Under Wage Freeze Act

On January 17, 2011, the Ontario government filed O. Reg. 6/11 under the Public Sector Compensation to Protect Public Services Act, 2010. The regulation specifically prescribes the following Compliance Reports, which are required to be given to the Minister under section 13(1) of the Act (Reports by employers): a compliance report for the period beginning…

CPP Regulatory Amendments In Force

On January 1, 2011, Regulations Amending the Canada Pension Plan Regulations came into force (SOR/2010-300). The regulations implement the legislative amendments in the Economic Recovery Act (stimulus) (which received Royal Assent on December 15, 2009) and are intended to restore and enhance the actuarial adjustments made to Canada Pension Plan retirement pensions taken before and…

FSCO Releases Plan Administrator Guideline for Public Consultation

On December 15, 2010, the Financial Services Commission of Ontario (“FSCO”) posted a draft consultation policy (the “policy”) regarding the management of inquiries and complaints by plan administrators. FSCO also posted a draft consultation guideline for developing a written policy (the “guideline”) on managing inquiries and complaints from plan beneficiaries for public review and commentary….