Blog

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 […]
May 12, 2017

The Music Just Stopped – Housing Prices, Home Capital and Moody’s

I hope readers all remember the childhood game of musical chairs.  Kids walk in a circle around a set of chairs while music plays – when […]
May 2, 2017
educating our children, photo of a recent high school graduate hold a sign that says senior

Educating our Children II – The demise of letter grades

Driving home from Toronto a few weeks I caught a program on CBC about the elimination of letter grades on report cards in Maple Ridge, BC.  […]
April 26, 2017
A photo of a financial advisor pointing something out to a client on a computer monitor.

Financial Advisors, lack of regulation holds consumers back

In March, the Ontario government quietly released the Final Report of the Expert Committee to Consider Financial Advisory and Financial Planning Policy Alternatives, which the Liberals […]
April 19, 2017

The End of Improving Mortality

I have long argued that mortality rates in Canada, and around the first-world more generally, may not be destined to improve indefinitely. This skepticism is rooted […]
March 28, 2017

A Difference of Opinion

I have been fascinated by the dispute between the Ontario Government and the Office of the Auditor General of Ontario that has transpired regarding the treatment […]
February 28, 2017

Fixing Pension Death Benefits

    On January 1, 2017, the Ontario government has changed the definition of spouse under the Pension Benefits Act which will affect the way death […]
February 14, 2017

The Value of a Good Broker

  Real estate agents and insurance brokers are often maligned. It offends some people that an individual can collect a big fat commission cheque for what […]
January 31, 2017

Updated CAPSA Guideline No. 4: Pension Plan Governance

Are your pension plan governance processes as good as they can be?  Are you following the governance practices that you’ve established?  Do you even know how […]
January 17, 2017

De-risking in 2017

The last decade has seen much written and discussed about de-risking and in fact as I look back I started seeing this discussion emerge twenty years […]
January 3, 2017

It’s January 3, 2017 – let’s start the year off with some good news

With 2016 now in the past, it is time for pension plan sponsors to take stock and plan for 2017. Solvency position at December 31, 2016 […]