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Act, regulations and agreements concerning pension plans in the pulp and paper sector

2016 Agreement Respecting Multi-Jurisdictional Pension Plans

The Agreement was signed by British Columbia, Nova Scotia, Ontario, Québec and Saskatchewan. It applies to pension plans that are under the jurisdiction of the supervisory authority of any of the provinces and that have members and beneficiaries in more than one of the provinces. The Agreement has effect from 1 July 2016.

For the provinces party to the Agreement, it replaces the:

  • Memorandum of Reciprocal Agreement, which, since 1968, applied to pension plans for which member benefits were governed by laws of those jurisdictions
  • 2011 Agreement Respecting Multi-Jurisdictional Pension Plans between Québec and Ontario.

Consult the 2016 Agreement on the website of the Canadian Association of Pension Supervisory Authorities (CAPSA) This link will open in a new window..

Consult the Newsletter Express of 20 July 2016 on the 2016 Agreement.

2011 Agreement Respecting Multi-Jurisdictional Pension Plans

The Agreement was signed by Québec and Ontario and applies to pension plans under the supervision of the Québec or Ontario pension authorities with regards to members and beneficiaries in each jurisdiction. The Agreement has effect from 1 July 2011.

The 2011 Agreement continues to apply to matters pending on 30 June 2016 before the Financial Services Commission of Ontario (the Financial Services Regulatory Authority of Ontario as of 8 June 2019), Retraite Québec, an administrative body or court (section 28 of the 2016 Agreement).

Consult the following documents on the Canadian Association of Pension Supervisory Authorities (CAPSA) website:

Entente concernant les exploitations de pâtes et papiers d'AbitibiBowater au Québec

(Agreement concerning pulp and paper operations of AbitibiBowater in Québec; French only)

The agreement between AbitibiBowater and the Gouvernement du Québec was reached as a result of the restructuring of the company. The purpose of the agreement is to ensure the continuity of the pension plans with Retraite Québec's supervision (the Régie des rentes du Québec's supervision before 1 January 2016).
Last update: August 2011.
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