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Enhanced Protection for Pensions in Insolvency

Insolvency and Pensions & Benefits Group Webinar
When (ET)


In this seminar, we will discuss recent legal changes that have elevated the priority of unfunded pension liabilities in insolvency. While seemingly a laudable objective, there are unintended consequences arising from the enhanced priority position which may in fact spell the end of defined benefit pension plans in Canada as we know them, not to mention the creation of numerous uncertainties for lenders and insolvency stakeholders.

Our discussion will include a review of the following topics:

  • The priority previously afforded to unfunded pension liabilities in insolvency
  • The new priority such liabilities will now enjoy
  • The implications of this expanded priority on the efficacy of the insolvency regime
  • The implications of the expanded priority from a lender’s perspective
  • The implications of this expanded priority from a pensions’ perspective, including what options are available to employers with defined benefit pension plans from both a non-union and union environment


  • 12:00 pm - 1:00 pm ET / 9:00 am - 10:00 am PT Webinar and Q&A


This webinar is complimentary 

Materials and Webinar Recording: If you are unable to attend the webinar but wish to receive the materials and webinar recording after, please click the "Materials and Webinar Recording" option at bottom of this page.

1Hours Available Via Webinar
This program is eligible for up to 1.0 Substantive Hour with the Law Society of Ontario.

This program contains 1.0 hour of accredited content for the purposes of the Law Society of British Columbia’s annual Continuing Professional Development (CPD) requirements. The session has been loaded with the LSBC and is titled “Enhanced Protection for Pensions in Insolvency - June 2023”. It is available for claiming through your LSBC Member Portal.

A confirmation of participation will be sent to you for your continuing education hours with the Barreau du Québec.

For CPD/CLE in other jurisdictions, please contact your local Law Society.

Event contact

Andrea Tulloch Marketing Events Manager +1 416 868 3329