News & Updates
ACPM communicates priorities in advance of 2026 Ontario Budget
February 24, 2026
The Association of Canadian Pension Management (“ACPM”) urged the Ontario government to focus on certain key priorities in response to its 2026 Budget consultations.
ACPM’s submission encourages the Ministry of Finance to advance the following priority initiatives:
- Identify measures that expand retirement income coverage and support innovations that can lead to better outcome for members, including bringing forward standards to support the introduction of variable life benefits in Ontario.
- Build on the defined contribution (“DC”) portability measures announced in the 2025 Fall Economic Statement to enable greater flexibility for members to purchase past services, allow the transfer of DC account balances into an additional voluntary contribution account, and to broaden the application of these changes to include DC multi-employer pension plans.
- Improve harmonization of pension rules across provinces, reducing administrative burden and increasing efficiency for plan sponsors.
ACPM also reiterated support for two other matters: encouraging digital-first communications for plan members, and amending the Employment Standards Act to permit auto-enrolment and auto-escalation features that can improve long?term savings outcomes.
Click on ‘More information’ below to view the submission:
