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Ontario regulates approximately 8,350 employment pension plans, which comprise more than 40 per cent of all registered pension plans in Canada [1] It was originally enacted as the Pension Benefits Act, 1965 (S.O. 1965, c. 96), and it was the first statute in any Canadian jurisdiction to regulate pension plans. [2]
Despite opinion pieces claiming the imminent demise of DB plans in Canada, [7] Statistics Canada information verifies only a slight decline in the number of plans over the most recently available five-year period (9,304 in 2017 to 9,022 in 2021 – a 3.13% reduction). [8]
The Canada Pension Plan (CPP; French: Régime de pensions du Canada) is a contributory, earnings-related social insurance program. It is one of the two major components of Canada 's public retirement income system, the other being Old Age Security (OAS).
By 1935, the idea of paying older persons a pension sufficient to get them to quit working became widespread. A Californian, Francis Townsend, proposed a plan offering compulsory retirement at age 60. In return, the Legislature would pay benefits of up to $200 a month, provided he spent it all quickly.
Canada Labour Code, 1967; Criminal Law Amendment Act, 1968–69; Arctic Waters Pollution Prevention Act, 1970; Consumer Packaging and Labeling Act, 1970; Weights and Measures Act, 1970; Divorce Act, 1968 - replaced by Divorce Act, 1985; Canada Wildlife Act, 1973; National Symbol of Canada Act, 1975; Anti-Inflation Act 1975; Immigration Act, 1976
Volumes of the Statutes of Canada at a law library. The Statutes of Canada (SC) compiles, by year, all the laws passed by the Parliament of Canada since Confederation in 1867. They are organized by alphabetical order and are updated and amended by the Government of Canada from time to time.
The Overseas Superannuation Act 1991 (c. 16) The British Council and Commonwealth Institute Superannuation Act 1986 (c. 51) The Local Government Superannuation Act 1953 (1 & 2 Eliz. 2. c. 25) The Local Government Superannuation Act 1939 (2 & 3 Geo. 6. c 18) The Local Government Superannuation (Scotland) Act 1937 (1 Edw. 8 & 1 Geo. 6. c. 69)
The Revised Statutes of Canada (French: Lois révisées du Canada, R.S.C. or RSC) consolidates current federal laws in force, incorporating amendments into acts, adding new substantive acts enacted since the last revision and deleting rescinded acts. Supplements to the RSC contain new or amended statutes, while consolidations republish laws for ...