Hicks Morley’s Rachel Arbour was interviewed in the April-May 2013 edition of the CBA National Magazine in an article entitled “Pensions vs. insolvency“. In the article, Rachel answers a series of questions regarding the implications of the Indalex ruling highlighting the expanded deemed trust and pension plan governance aspects of the decision. View Article
Tag: Insolvency
Taxation Rules for Lump Sum Amounts Received in Lieu of Benefits Coverage
In June, 2011, the Canada Revenue Agency (“CRA”) announced new rules governing lump sum payments made to employees or retirees in lieu of their healthcare coverage. These new rules, which come into effect on January 1, 2012, followed the announcement in the 2011 federal Budget that CRA was re-examining its position on these payments (see…