In March 2016 the Financial Services Tribunal released its decision regarding the request for hearing filed by Christopher Hiscocks asking it to direct the Superintendent of Financial Services to order DRS Technologies Canada Ltd. to permit him to purchase pensionable service retroactively.

Koskie Minsky associate Amy Tang looks at legislation proposed in Ontario to establish the new Financial Services Regulatory Authority.

Legal Developments – Western Canada

Legal developments - Quebec

Legal Developments – Ontario

New Legal Developments – Federal

Legal Developments – Atlantic Canada

Employers should carefully scrutinize the standard forms used by their insurers to ensure that employee's privacy rights are not unduly infringed. That’s the takeaway from Rocktenn Co. of Canada Inc. and USW, Local 1-830, 2015 CarswellMan 547 (Peltz), writes Cynthia Lazar.

Benefit plans are often complicated and employers should take care when explaining details of benefits coverage to employees and prospective employees. While an employer might have the best of intentions when providing such information, thanks to the complexities of certain benefit plans, giving an employee inaccurate information can expose the company to unforeseen litigation and liability.

The original substantive issues in dispute were (1) whether indexation benefits extended to all members of the CAMI Automotive Inc. Pension Plan for Salaried Employees or only to members who retired from active employment, and (2) whether the indexation benefits set out in the plan text were a “pension benefit” within the meaning of the Pension Benefits Act. This second issue was relevant to the issue of whether the plan could be amended to remove the indexation benefits.