News & Analysis as of

Pensions ORPP

Blake, Cassels & Graydon LLP

CPP Agreement in Principle Reached, ORPP Will Not Proceed if Deal is Finalized

The federal government and the provinces, except for Quebec and Manitoba, have reached an agreement in principle to a Canada Pension Plan (CPP) enhancement that will be phased in over seven years beginning January 1, 2019....more

Blake, Cassels & Graydon LLP

Bill 186: Ontario Retirement Pension Plan Act (Strengthening Retirement Security for Ontarians), 2016, Introduced

On April 14, 2016, the Ontario government introduced the Ontario Retirement Pension Plan Act (Strengthening Retirement Security for Ontarians), 2016, as Bill 186 (Bill or Act) in the Ontario legislature. The government...more

Blake, Cassels & Graydon LLP

2016 Ontario Budget Provisions Affecting Registered Pension Plans and the ORPP

On February 25, 2016, the Ontario government tabled its 2016 budget (Budget), which included a number of provisions affecting registered pension plans and the Ontario Retirement Pension Plan (ORPP). On that same day, the...more

Bennett Jones LLP

An Update on the ORPP for Employers

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On February 16, 2016, the Ontario Finance Minister announced a one-year delay in the launch of the Ontario Retirement Pension Plan (ORPP), in order to allow time for the federal government and the provinces to discuss...more

Blake, Cassels & Graydon LLP

Alert: ORPP Phase-In of Contributions Delayed Until January 2018

On February 16, 2016, the Ontario and federal governments announced an agreement regarding the Ontario Retirement Pension Plan? (ORPP) (Announcement). The Ontario government is proposing to delay phase-in of the ORPP by...more

Bennett Jones LLP

How will the ORPP Impact Alberta-based Employers with Employees Working in Ontario?

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Beginning in 2017, the Ontario Retirement Pension Plan (ORPP) will be phased in over a period of four years and will require eligible Ontario employees without a comparable workplace pension plan to be covered by the ORPP. ...more

Blake, Cassels & Graydon LLP

Legal Trends: Pensions & Employee Benefits

The newly elected federal Liberal government is committed to exploring enhancements to the Canada Pension Plan (CPP). At the same time, the Government of Ontario is progressing with the implementation of the Ontario...more

Blake, Cassels & Graydon LLP

Alert: Ontario Government Releases Further Details about the Ontario Retirement Pension Plan

Employers and employees who participate in a comparable workplace pension plan will not be required to participate in the ORPP. “Comparable Plan” will be defined as a registered pension plan (registered under provincial or...more

Bennett Jones LLP

If My Company Sponsors a DC Pension Plan, Will We Need to Participate in the ORPP?

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We assumed the answer was no. Now it’s not so clear. What is the ORPP? - The Ontario Retirement Pension Plan (ORPP) is an unprecedented, Ontario-only, mandatory provincial pension plan intended to provide pension...more

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