Last week Thursday, the Liberal government in Ontario released itsproposed budget. While we’re still waiting to hear from the NDP as to whether their support will ensure its passage, we have prepared a brief summary on its potential impact on pension law in Ontario should it ultimately be passed.
In November, 2012, Julie-Anne Cardinal wrote about the Ontario Court of Appeal’s decision in Carrigan v. Carrigan Estate. In that case, the Court of Appeal held that a common law spouse was not entitled to the pre-retirement pension death benefit from her deceased partner’s pension. In a departure from previous interpretations of the Pension Benefits Act, the court found that as…
In a recent decision, the Saskatchewan Court of Appeal ruled that members of the Saskatchewan public service pension plan are not entitled to indexed pension benefits, beyond what was already provided for in legislation. The plaintiffs who were representative plaintiffs in a class action on behalf of members of the defined benefit pension plan, alleged…
Confused about the SCC’s Sun Indalex decision? Heenan Blaikie can help. Our Insolvency and Pensions groups have come together and published a detailed analysis of the Supreme Court’s decision, and its possible future impacts on both pensions and corporate financing. Read it here. Then on Wednesday, March 6, 2013, join Mark Newton online or by…
On Friday, the Supreme Court of Canada handed down its decision in the landmark pension/insolvency case, Sun Indalex, LLC v. United Steelworkers. A divided high court reversed the decision of the Ontario Court of Appeal, ruling that the rights of secured lenders under a C.C.A.A. arrangement trump those of provincial deemed trusts provided for in pension…