On March 11, 2020, the World Health Organization declared COVID-19 a pandemic. As financial markets became turbulent and many plan sponsors were forced to alter their businesses due to COVID-19 precautions, pension regulators across Canada responded by announcing special measures to help protect the interests of pension plan members, assist pension plan ...
In April, the Government of Canada released Budget 2021: A Recovery Plan for Jobs, Growth, and Resilience. Characterized as a plan to finish the fight against COVID-19 and ensure a robust economic recovery to benefit all Canadians, it contained several measures that will impact pension and benefit plans.
The first steps to implementing many of these measures were taken ...
As a result of the COVID-19 pandemic, pension regulators across Canada have been announcing special measures to help protect the interests of pension plan members, assist pension plan administrators and ensure the ongoing financial health of pension plans, particularly given the negative impact that current financial market conditions have had on the funded status of ...
In response to COVID-19, the federal government and the provinces have introduced various measures to mitigate the financial impact across the country. One of these measures is the introduction of a new type of type of unpaid, job-protected leave related to COVID-19.
As of the date of this bulletin, BC, Alberta, Saskatchewan, Manitoba, Ontario, New Brunswick, Prince ...
About Us
Lawson Lundell's Pension and Employee Benefits Law Blog provides updates on the most recent legal developments impacting pension and employee benefit plans. We cover a range of topics, including recent case law and changes to relevant provincial and federal legislation.
Legal Disclaimer: The information made available on this webpage is for information purposes only. It does not constitute legal advice, and should not be relied on as such. Please contact our firm if you need legal advice or have questions about the content of this webpage.