Ian McSweeney

Ian McSweeney

Osler, Hoskin & Harcourt LLP

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Which Canadian jurisdictions are examining Target Benefit Plans? An update from Ian McSweeney [Video]

Ian McSweeney, Osler Partner, Pensions & Benefits, discusses the status of Target Benefit Plans in Canada...more

2/19/2014 - Benefit Plan Sponsors Canada Employee Benefits

Financial Services Tribunal Finds Halliburton Does Not Apply in Ontario

Many in the legal community (myself included) have felt for years that the Alberta pension regulator and the Alberta courts got it wrong in Halliburton when they concluded that the employer was precluded from implementing a...more

8/27/2013 - Canada Defined Contribution Plans Halliburton

Pension Plan De-Risking (Part II) – A Closer Look at DB Plan De-Risking Options

There is a broad spectrum of pension de-risking options available to defined benefit (DB) plan sponsors and administrators. In this post (the second of a two-part series) I consider these options and some of the related legal...more

6/11/2013 - Annuities De-Risking Defined Benefit Plans Liability Lump Sum Offers Pensions

Pension Plan De-Risking (Part I) – What Trends do we See in Canada?

An increasing number of public and private sector employers around the world are either abandoning the traditional defined benefit (DB) pension plan model in favour of more affordable and sustainable alternative arrangements,...more

6/6/2013 - Buy-Out Agreements Canada Defined Benefit Plans Pensions Retirement Plan

Indalex: What Are the Pension Implications?

“When a business becomes insolvent, many interests are at risk. Creditors may not be able to recover their debts, investors may lose their investments and employees may lose their jobs. If the business is the sponsor of an...more

2/11/2013 - Benefit Plan Sponsors Commercial Bankruptcy Fiduciary Duty Indalex Pension Benefits Act Pensions Secured Creditors United Steelworkers

Re Northern Sawmills Inc. – Court Considers Post-Indalex Pension Claims in Receivership

This is another post-Indalex pension deficit priority case. Due to factual differences from Indalex, however, the pension claims were largely rejected. In the fall of 2008, Northern Sawmills Inc. idled its operations and laid...more

12/19/2012 - Constructive Trusts Defined Benefit Plans Insolvency Pensions Receivership

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