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…
Industry: Financial Services
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 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…
Ontario Employers Required to Post New OHSA Poster
The Ontario government has announced that employers are now required to post a new workplace poster, “Health & Safety at Work – Prevention Starts Here,” pursuant to their obligations under the Occupational Health and Safety Act. This requirement will be enforced by Ministry of Labour inspectors beginning on October 1, 2012. The poster was developed…
Federal Pooled Registered Pension Plan (“PRPP”) Legislation Passes Third Reading
On June 12, 2012, Bill C-25, An Act relating to pooled registered pension plans and making related amendments to other Acts, passed Third Reading in the House of Commons. It will proceed to the Senate for further debate.
OHSA Designated Substances, Exposure Limits Regulations Amended
On June 12, 2012, the Ontario government filed two regulations under the Occupational Health and Safety Act. O. Reg. 148/12 (Designated Substances) adds “or to a physician designated by the Provincial Physician” to subsections 30(2) and 31(2) of O. Reg. 490/09, effective immediately. It further substitutes a new Table 1 (Exposure Limits) prescribing Agents and…