People

Services

Industries

Firm

About

Knowledge

Careers

News

Events

Contact

Connect

Privacy Policy

Disclaimer

Terms of Use

Accessibility

Legal

Calgary

Toronto

Edmonton

Ottawa

Vancouver

New York

Montréal

Susan G. Seller

Pension and Employee Benefits Lawyer at Bennett Jones Toronto

Partner 

Susan Seller wrote in <a rel="noopener noreferrer" href="https://www.benefitscanada.com/expertpanel_/susan-g-seller/expert-panel-risk-management-target-benefit-framework-among-themes-shaping-pension-industry-in-2024/" target="_blank">Benefits Canada</a> on the anticipated developments in pension law and governance for the upcoming year. The article highlights the focus on risk management, particularly regarding environmental, social and governance factors, cybersecurity, and investment risks. There's also attention on improving governance for defined contribution pension plans, including better communication, member engagement and investment education. She discusses the need for more robust governance and funding policies, handling missing members' entitlements, reporting cybersecurity incidents and the adoption of target-benefit frameworks to address the decline in defined benefit plan coverage.

Risk Management Target Benefit Framework Among Themes Shaping Pension Industry in 2024

Risk Management, Target-Benefit Framework Among Themes Shaping Pension Industry in 2024

Denise D. Bright

Public and Private Company Financial Transactions and Securities Lawyer at Bennett Jones Calgary

Michael S. Shakra

Corporate Lawyer at Bennett Jones Toronto

Partner

Bill C-228, An Act to amend the Bankruptcy and Insolvency Act, the Companies’ Creditors Arrangement Act and the Pension Benefits Standards Act, 1985 received Royal Assent on April 27, 2023 and is now law, subject to a four-year transitional period before its provisions come into effect.
<div>
<div id="ftn1">
 
</div>
</div>

New Pension Priorities in Bankruptcy and Insolvency are Closer to Reality

New Pension Priorities in Bankruptcy and Insolvency Are Now Reality

Susan Seller writes in <a rel="noopener noreferrer" href="https://www.benefitscanada.com/pensions/governance-law/expert-panel-air-canada-decision-illustrates-danger-of-relying-on-pension-plan-terms-in-wrongful-dismissal-actions/" target="_blank">Benefits Canada</a> on the potential issues caused by exclusive dependence on the terms of pension plans during wrongful dismissal proceedings. Susan outlines a recent court decision involving Air Canada—in which an employee who was dismissed after 37 years of service claimed that his pension benefits were improperly calculated—and reviews the importance of language in pension plan text as well as risk mitigation strategies that companies can adopt to prepare them to avoid and counter these kinds of claims.

Expert Panel Air Canada Decision Illustrates Danger of Relying on Pension Plan Terms

Expert Panel: Air Canada Decision Illustrates Danger of Relying on Pension Plan Terms in Wrongful Dismissal Actions

Susan Seller writes in <a rel="noopener noreferrer" rel="noopener noreferrer" href="https://www.benefitscanada.com/expertpanel_/susan-g-seller/expert-panel-an-update-on-regulatory-oversight-of-pension-risk-management/?utm_source=EmailMarketing&utm_medium=email&utm_content=benefitscanada.com&utm_campaign=Benefits-Canada-Daily-Newsletters&oft_id=114899907&oft_k=VeaHvWcr&oft_lk=EsTp3E&oft_d=638066216812900000&fpid=455439&m32_fp_id=x8bVfO&ctx=newsletter&m32_fp_ctx=DI_MASTER_Relational" target="_blank">Benefits Canada</a> on the newly developed CAPSA committee aimed at developing risk management guidelines for pension plans. Susan explores how the feedback garnered from the Office of the Superintendent of Financial Institutions could influence the findings and initiatives brought up by this new committee.

An Update on Regulatory Oversight of Pension Risk Management

The U.S. and global economies proved resilient in 2025. There were reasons, particularly around U.S. President Donald Trump&rsquo;s April 1 &ldquo;Liberation Day,&rdquo; to fear a global trade war or corrections in financial markets that would cause a recession in the United States and a sharp slowing of the global economy. In fact, while growth in the United States and most major economies slowed in 2025, other policy and market factors offset at least in part the early effect of disruptive policies by the U.S. administration. The United States&rsquo;s trading partners chose to avoid an all-out trade war, and most negotiated some form of accommodation with President Trump.

Economic Outlook 2026

Adapting to a New World: From Ambition to Investment

Stephen D. Burns

Technology Lawyer, Intellectual Property Lawyer at Bennett Jones Calgary

Partner, Trademark Agent

Benjamin K. Reingold

Intellectual Property Litigation Lawyer at Bennett Jones Calgary

David Wainer

Commercial Transactions Lawyer at Bennett Jones Calgary

Associate

This end-of-year overview examines the Federal Government&rsquo;s rapid expansion of AI-related funding in 2025, from large-scale investments in data centres and public compute infrastructure to programs supporting AI access, adoption and domestic research. It also explores the new commitments announced in Budget 2025 and signals key trends to watch in 2026 as Canada strengthens its AI ecosystem.

Canadas AI Efforts in 2025 A Year in Review

Canada's AI Efforts in 2025: A Year in Review

Laura Inglis

Commercial Litigation Lawyer at Bennett Jones Edmonton

Christine Plante

Civil Fraud Recovery, Employment and Shareholder Disputes Lawyer at Bennett Jones Calgary

David M. Price

Employment Services Lawyer at Bennett Jones Calgary

Effective January 1, 2026, Alberta will increase job-protected long-term illness and injury leave from 16 to 27 weeks. This update aligns Alberta with other leading Canadian jurisdictions that recently implemented similar extended leaves. Employers will need to revisit their workplace policies to ensure compliance with the new requirements. The blog explains the legislative amendments and their implications for employers.

Alberta Aligns with Other Provinces in Extending Long Term Illness and Injury Leave

Ashley L. Paterson

Commercial Litigation Lawyer at Bennett Jones Toronto

Morgan Sutherland

Lawyer at Bennett Jones Toronto

Associate 

Health Canada has proposed amendments to the Medical Devices Regulations focused on modernizing the MDEL framework. The changes would affect importer&ndash;distributor relationships, mandatory supplier disclosures, and safety documentation requirements. This update summarizes the key proposals and their potential impacts on MDEL holders and applicants.

Health Canada Proposes Amendments to MDEL Holders and Applicants

Cameron Penn

Litigation Lawyer at Bennett Jones Calgary

Tami Oguntona

Articling Student at Bennett Jones in Calgary 

Articling Student 

British Columbia has introduced new limits on when employers may request sick notes and created a 27-week unpaid leave for serious personal illness or injury. This update outlines the key legislative changes and their practical impact on employer policies.

What the Doctor Ordered British Columbia

What the Doctor Ordered: British Columbia Updates Rules on Employee Sick Notes and Introduces Serious Personal Illness and Injury Leave

Osgoode Professional Development's 5th Annual Essential Course on Pensions

From the Same Authors