Recent amendments to Ontario’s Pension Benefits Act regulations now require that administrators of Ontario registered pension plans file Statements of Investment Policies and Procedures (“SIPPs”) with the Financial Services Commission of Ontario (“FSCO”), together with a detailed information summary form (“Form 14”). We discuss these new filing requirements and supporting FSCO resources in this FTR…
Industry: Professional & Technical Services
ORPP Implementation Delayed to January 1, 2018
On February 16, 2016, the Ontario government announced that the first wave of Ontario Registered Pension Plan (“ORPP”) implementation has been delayed by one year to January 1, 2018. This change, which impacts certain large employers with more than 500 employees, is one of several significant developments outlined in this FTR Now. THE ANNOUNCEMENT The…
New Proposed Federal Bill to Reverse Canada Labour Code Certification and Decertification Reforms, C-377 Union Disclosure Obligations
Further to its election platform, on January 28, 2016, the federal government introduced Bill C-4, An Act to amend the Canada Labour Code, the Parliamentary Employment and Staff Relations Act, the Public Service Labour Relations Act and the Income Tax Act. Among other things, this legislation would, if passed, amend the Canada Labour Code (“CLC”) to effectively repeal…
Ontario Government Announces Additional ORPP Design Details
Editor’s Note: Following publication of this communication, the Ontario government announced that the first wave of ORPP implementation will be delayed by one year to January 1, 2018. Please be sure to read our FTR Now of February 17, 2016 for updated information on this significant development, or contact your regular Hicks Morley lawyer for…
Ontario Government Announces New ORPP Design Details
On January 26, 2016, the Ontario government announced new Ontario Retirement Pension Plan (“ORPP”) design details. Among other things, the announcement provides further clarity and guidance on the following issues of particular interest to employers: coverage, and in particular the definition of “employment in Ontario,” as well as application of the ORPP to non-residents and…
Represented trustees of a pension plan in a class action relating to ownership of surplus pension plan funds and administration of the pension plan and successfully resolved the matter with no liability for the trustees.
Represented trustees of a pension plan in a class action relating to ownership of surplus pension plan funds and administration of the pension plan and successfully resolved the matter with no liability for the trustees.
Represented trustees of a supplemental employee retirement plan in a class action arising from the partial wind up of the plan and successfully resolved the matter with no liability for the trustees.
Represented trustees of a supplemental employee retirement plan in a class action arising from the partial wind-up of the plan and successfully resolved the matter with no liability for the trustees.
Participated with Ontario Bar Association in consultations by the Ontario government on new family law pension division scheme.
Participated with Ontario Bar Association in consultations by the Ontario government on new family law pension division scheme.
Construction Project Manager Sentenced to 3.5 Years for Christmas Eve Fatalities
The Metron Construction Corporation (“Metron”) project manager who oversaw the construction project on which a swing stage collapsed, resulting in the deaths of four workers and injury to a fifth, has been sentenced to 3.5 years in jail. In this FTR Now, we discuss the background to this important decision and its significance. On Christmas…
Stephen Shamie Quoted in Canadian Lawyer’s Article on Top Labour & Employment Boutiques
Hicks Morley’s Stephen Shamie was quoted in the January 4, 2016 Canadian Lawyer article entitled “Top 10 Labour & Employment Boutiques.” The article focuses on the success of labour and employment boutiques due to the abundance of exciting work as a result of the Ontario government’s new pension legislation.