The Advisor

July 09, 2018

B.C.: a new health tax for employer-paid benefits to be introduced in 2019

The B.C. government has proposed a new employer-health tax as a step to eliminate the current Medical Services Plan (MSP), which they say will...

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RECEIVE THE ADVISOR

May 25, 2017

Ontario's Updated DB pension funding requirements announced

Ontario recently announced several anticipated reforms to pension funding requirements in hopes to help maintain workplace pension plans and protect retirement benefits.

One of the primary outcomes is that plan sponsors will not need to fund for...

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May 22, 2017

Amendments to the Pension Benefits Act focus on fiduciary duty

Proposed amendments to the Ontario Pension Benefits Act (PBA), granting additional powers to the Superintendent of Financial Services (Superintendent) were recently announced. These amendments look to formalize industry best practices, and should...

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April 27, 2017

2017 Ontario Budget Features Drug Coverage for Young Ontarians Aged 24 and under

Thursday's budget announcement from Queen's Park provided an interesting win for plan sponsors. Finance Minister Charles Sousa declared a balanced budget, and with it, announced the introduction of OHIP+ starting in January 1, 2018. This is a...

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