Canada: Correcting Contribution Errors In Respect Of Defined Contribution Pension Plans—New Rules Now In Force - Bennett Jones LLP

Credit: Mondaq- Published on August 9, 2023

On June 22, 2023, Bill C-47 received royal assent, implementing a variety of amendments to the Income Tax Act (Canada) (ITA) and its regulations (ITA Regulations) tabled as part of the 2023 Federal Budget.