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Ontario Budget 2013 – More Pension Reform to Come

In today’s budget, the Ontario government announced that it is continuing with its pension reform agenda, but it is not all “old news”. Perhaps of most interest to employers and plan administrators will be the government’s...more

5/3/2013 - Canada Pensions Pooled Registration Pension Plans

Indalex: What Are the Pension Implications?

On February 1, 2013, the Supreme Court of Canada released its much anticipated decision in Sun Indalex Finance, LLC v. United Steelworkers, a case which pitted the claims of pensioners against those of secured creditors in...more

2/13/2013 - Benefit Plan Sponsors CCAA Debtors-in-Possession Defined Benefit Plans Fiduciary Duty Indalex Insolvency Pension Benefits Act Pensions Statutory Deemed Trusts

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

Ontario Pension Plans Will be Permitted to Use Letters of Credit

Effective January 1, 2013, certain Ontario employers will be able to use letters of credit to fund their pension plans’ solvency deficiencies....more

12/4/2012 - Pension Benefits Act

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