Blog

November 13, 2017

C.D. Howe – Right Math, Wrong Conclusion

Last week the C.D. Howe Institute issued a commentary by William Robson titled Rethinking Limits on Tax-Deferred Retirement Savings in Canada. It’s an easy 15 pages […]
November 6, 2017

Everyone Needs Good Advice

“What’s in your wallet?” is the Capital One slogan and I laugh every time I see their commercials. To me, the question isn’t “What’s in your […]
October 30, 2017

Rethinking DC

The real title of this commentary should be “Rethinking the role and format of defined contribution programs in the employer-sponsored retirement savings landscape in Canada.” But […]
September 27, 2017

Time to Fix the Maximum Transfer Values

With the expansion of the CPP checked off the Federal Government’s ‘to-do’ list, it is my hope that they still have the appetite to work on […]
August 25, 2017

Texting & Driving – Drunk Driving for a Modern World

I emailed a friend this morning to negotiate a date for a future meeting. He emailed me back with a suggestion that wasn’t going to work […]
August 16, 2017

New Commuted Value Standards – The Fair Value of a Pension

  As Actuaries, early in our careers we learn the concept of a commuted value. This is the lump-sum payment paid to terminating (and sometimes retiring) […]
August 1, 2017

Sears Canada – Retention and Retirement

I didn’t think much of it when news came out in June that Sears Canada had sought bankruptcy protection. Companies take wrong turns all the time […]
July 24, 2017

Too Late to Complain about Enhanced CPP

Earlier this month, an op-ed article by Rob Brown in the Globe and Mail referenced a recent study by Bob Baldwin and Richard Shillington, which takes issue […]
June 30, 2017

Transitional Measures for Funding Valuations Performed in 2017

In our client memo dated May 23, 2017, we discussed the Ontario Government’s announcement of the changes to the funding framework for Defined Benefit Pension Plans.  […]
June 26, 2017
picture of students taking an exam at school

Let’s be honest with our teachers

School is almost out for the year and our kids are looking forward to a break. If I was a teacher I would be looking forward […]
June 6, 2017

Minimum Wage Changes – Maximum Velocity

I have said in the past that I am not interested in politics, don’t understand politics, and don’t align myself with a political party or movement. […]
May 29, 2017

Scary New Powers for the Superintendent

Recently overshadowed by the big announcement on the new funding framework for defined benefit pension plans, earlier this month the Ontario government issued a pair of […]