Settlement agreements require careful attention to both present and future entitlements, as highlighted by the Ontario Court of Appeal’s recent decision in Preston v. Cervus Equipment Corporation. The Court held that the scope of an executed release, indemnity and minutes of settlement (the Settlement Documents) precluded an employee’s subsequent claim to vested stock units, despite…
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Highlights of the 2024 Federal Budget and Budget Bill
· 10 min readOn May 2, 2024, the federal government introduced Bill C-69, An Act to implement certain provisions of the budget tabled in Parliament on April 16, 2024, for first reading. Bill C-69 contains legislation that, if passed, would enact certain measures outlined in the 2024 Budget, “Fairness for Every Generation” (Budget) that was previously tabled on…
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Federal Budget 2024 Tabled
· 1 min readOn April 16, 2024, the federal government tabled its 2024 Budget, “Fairness for Every Generation” (Budget). While much of the Budget is focused on topics such as housing, strengthening the economy and making the cost of living more affordable, it also includes a number of initiatives that will have implications for employers, pension plan administrators…