Proposed Amendment to Regulation 909 under the Pension Benefits Act:
Disclosure of Environmental, Social and Governance Factors in Statements of Investment Policies and Procedures
Bill or Act:
Pensions Benefits Act
Summary of Proposal:
In Budget 2011, the government announced its intention to "require plans to file Statements of Investment Policies and Procedures (SIPPs) with the regulator and disclose whether or not their SIPPs address environmental, social or governance factors."
The proposed amendment to Regulation 909 would implement this initiative. A description of the content of the proposed regulation is attached to this posting.
Comments from interested stakeholders are welcome.
April 25, 2014
Comments Due Date:
June 16, 2014
Disclosure of Environmental, Social and Governance Factors
Pension Reform Branch
Ministry of Finance
5th Floor, Frost Bldg S.
7 Queen's Park Crescent
Toronto ON M7A 1Y7