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News

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The Supreme Court has ruled that an employee’s pension benefits cannot be deducted from damages paid for his/her dismissal without cause. The decision by Canada’s highest court separates pensions from earlier court decisions that allowed empl...Read More
The Quebec government has announced that it will introduce an action plan that will ultimately see the introduction of a new defined benefit public pension plan in that province. In a December 12, 2013 announcement, Quebec Labour and Employment Minister ...Read More
A controversial bill to allow assisted suicide has passed first reading in the Quebec National Assembly. If implemented, Quebec would be the first jurisdiction in Canada to allow doctors to help end the life of terminally ill patients. Under the province...Read More
Proposed changes to Ontario’s Pensions Benefits Act (PBA) will mean that common-law spouses who lived with a deceased pension plan member at the time of his/her death will have priority over former spouses to receive survivor benefits. The proposed...Read More
The robust equity results of 2013 have helped reduce the sizable deficits of many of the largest defined benefit pension plans in Canada and the United States.   According to the Milliman 100 Pension Funding Index, pension liabilities in the United ...Read More
January 30, 2014
Coughlin Courier
Check out the newest Coughlin Courier. (PDF 335 KB)Read More
January 29, 2014
Ontario alone!
CPP reform failure pressures Ontario to go it alone The failure of federal and provincial finance ministers to approve the expansion of the Canada Pension Plan (CPP) may drive Ontario to launch its own provincial pension plan. Accusing the federal gover...Read More
Cancer has become the leading cause of occupational fatality claims in Ontario, the Canadian Medical Association Journal (CMAJ) reports.   According to research published in the CMAJ, occupational cancers now account for 63 per cent of all work-rela...Read More
A Sun Life survey of 2,400 Canadians indicates that four in 10 people experience serious financial difficulties following a major illness. The study, conducted by Ipsos Reid in the spring of 2013, says that while 82 per cent of those surveyed recognize t...Read More
January 09, 2014
Coughlin Courier
Check out the newest Coughlin Courier. (PDF 335 KB)Read More
Following are the average number of unplanned sick days taken per employee by category, according to the Conference Board of Canada’s report Missing in action: Absenteeism trends in Canadian organizations released in September 2013:  Read More
The Ontario government has introduced legislation to add three new unpaid leaves of absences to that province’s Employment Standards Act. The new leaves include the following: 1. Family caregiver leave.  An employee will be allowed to take up...Read More
In traditional thinking, the first step to retirement was to pay off all your debts and mortgage.  Then, with the combination of retirement savings, pensions and government benefits, one could retire with a degree of comfort. Not anymore. According...Read More
Age 60 is the new 50.  Almost. While many publications, including the Coughlin Courier, have devoted much space to the aging of the Canadian population, in real terms, we are actually getting younger, according to a demographic study comparing longe...Read More
The province of Prince Edward Island has presented a proposal for the expansion of the Canada Pension Plan (CPP.) Speaking at the Atlantic Provinces Economic Council in September, PEI Finance Minister Wesley Sheridan presented a plan that would expand bo...Read More
Question:  When is a smoker not a smoker? Answer:  When he/she smokes an electronic cigarette. The growing popularity of electronic cigarettes (also known as e-cigarettes) is creating debates among insurance underwriters and consumers alike. ...Read More
November 13, 2013
Coughlin Courier
Ontario may start its own pension plan. Read the Coughlin Courier. (PDF 300 KB)Read More
The Ontario government has signalled that it is prepared to launch its own provincial pension plan. According to reports published in the Hamilton Spectator, the province is developing plans to introduce a supplementary pension plan that would allow it t...Read More
Canada needs a national health care strategy for seniors, the Canadian Medical Association (CMA) says. In its 2013 National Report Card on health issues, the CMA calls the current situation “unsustainable” as aging baby boomers begin to crowd...Read More
Canadians can now choose to defer receiving their Old Age Security (OAS) benefits for up to five years. Effective July 1, 2013, eligible individuals can choose to delay receiving the benefit until age 70.  For every month of deferral, an individual&...Read More
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