Legislative News


  • Provincial Budgets 2017: Ontario

    On April 27, 2017, Ontario Finance Minister Charles Sousa presented the 2017 Ontario Budget, A Stronger, Healthier Ontario (the “Budget”).  This budget is the first balanced budget since 2008, yet it includes new programs and additional spending focused on health, infrastructure, and housing affordability matters.  The Budget also includes some equivocal announcements on pension matters. 

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  • 2017 Guide to Government Benefits in Canada

    This guide was specifically designed to provide pension and group benefits plan sponsors with convenient access to information on the publicly-funded benefits specific to the province of residence of their plan members. The 2017 Guide includes information on changes to the Canadian Pension Plan, Old Age Security, Guaranteed Income Supplement, Employment Insurance, Federal and Provincial

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  • 2017 Federal Budget Highlights

    On March 22, 2017, Minister of Finance Bill Morneau presented the 2017 Canada Federal Budget titled Building a Strong Middle Class.  The second budget from the Liberal federal government focuses on working middle-class families with children with changes to federal government benefits and tax credits. Budget 2017 provides additional details about investments promised in the previous

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  • Notes on the British Columbia and Alberta Provincial Budgets

    On Tuesday, February 21, 2017, Finance Minister Michael De Jong delivered British Columbia’s fifth consecutive balanced budget.  On Thursday, March 16th, Alberta Finance Minister Joe Ceci delivered the 2017 Provincial Budget, which contains a number of provisions aimed at providing relief for Albertans despite a projected $10.3 billion deficit.   Both budgets highlighted a number of

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  • BC Budget 2017: MSP Changes & Implications

    On Tuesday, February 21, 2017, Finance Minister Michael De Jong delivered British Columbia’s fifth consecutive balanced budget.  One of the key items of this pre-election budget was the announcement of reductions to Medical Services Plan (MSP) premiums. The Budget promises that MSP premiums will be cut in half for British Columbians with annual family net

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  • BC FICOM Pension Stakeholder Engagement Forum (Summary)

    On March 7, 2017, the BC Financial Institutions Commission (“BC FICOM”) held a pension stakeholder engagement forum regarding the new pension legislation that became effective September 30, 2015. The intent of the forum was to provide stakeholders the opportunity to share experiences, and issues of the new legislation and for BC FICOM to provide information

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  • Federal, Provincial and Territorial Governments Announce Agreement in Principle to Enhance Canada Pension Plan

    On June 20, 2016, the Federal Minister of Finance and his provincial and territorial counterparts announced that an agreement in principle had been reached between the federal government and the provinces and territories on Canada Pension Plan (CPP) enhancement during the first day of meetings at the Federal-Provincial-Territorial Finance Ministers’ Meeting in Vancouver. The CPP

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  • 2016 Federal Budget Highlights

    On March 22, 2016, Minister of Finance Bill Morneau presented the 2016 Canada Federal Budget titled “Growing the Middle Class” (Budget 2016).  The first budget from the recently elected Liberal government prioritizes help for Canada’s middle class.  Budget 2016 features numerous measures to improve infrastructure, eliminate and amend a number of tax benefits including the

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  • 2016 Guide to Government Benefits in Canada

    This guide was specifically designed to provide pension and group benefits plan sponsors with convenient access to information on the publicly-funded benefits specific to the province of residence of their plan members. The 2016 Guide includes information on changes to the Canadian Pension Plan, Old Age Security, Guaranteed Income Supplement, Employment Insurance, Federal and Provincial

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  • Provincial Budgets 2016: Ontario

    On February 25, 2016, Ontario Finance Minister Charles Sousa presented the 2016 Ontario Budget, Jobs for Today and Tomorrow (the “Budget”). This budget focuses on a series of initiatives to help strengthen retirement security in the province. The Budget includes boosts to health spending in a number of areas, raises the cost of some drugs for

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