Tag: Pension

Pension Related Highlights from the 2016 Federal Budget Announcement

Finance Minister Bill Morneau announced the 2016 federal budget on March 22nd. The budget forecasts big deficits over the next five years, which includes financing a new tax-free monthly child benefit, more money for First Nations, infrastructure spending and extended employment insurance benefits to hard-hit regions.(1) The pension-related highlights from...

The Ontario Retirement Pension Plan

2016 will be the year to learn all about the new Ontario Retirement Pension Plan (ORPP) that is rolling out in 2017. The more prepared you are, the smoother the transition will be. Here are a few facts to help you get up to speed on what's happening - in case you weren't already aware. - The Ontario Retirement Pension Plan (ORPP) aims to replace 15 per cent...

Hello December!

Can you believe it’s already December 1st? For the month of November, we joined Canada’s Financial Literacy Month (#FLM2015) conversation by publishing various posts about saving for retirement, understanding the Canadian retirement landscape and highlighting important retirement terms. We enjoyed the theme, as we understand how important it is to be...

Ontario — New Marriage Breakdown Regulations

Effective January 1, 2012, new regulations relating to the division of pension assets on the breakdown of a marriage will come into effect in Ontario. Please see this recent Pension Update from Proteus for more information.