Andrew Donelle

This undertaking relates to a technical anomaly in the qualified investment rules regarding Canadian registered plans, such as registered retirement savings plans and tax-free savings accounts, which impedes the ability of Canadian mutual fund trusts, with such registered plans as unitholders, to invest in US real estate investment trusts and other US corporate investment vehicles and will seek to have this technical anomaly corrected through an amendment to s. 204 of the Income Tax Act (Canada) or section 4900 of the Regulations.

Discussions in connection with amendments to Sections 125.4(1) and 125.5(1) of the Income Tax Act expanding the film tax credit to include contributions to registered pension plans. Discussions in connection with amendments to Sections 125.4(1) and 125.5(1) of the Income Tax Act expanding the film tax credit to include contributions to registered pension plans and application of "eligible service" rules in section 8503(3)(a) to employers in the film and television industry that no longer exist.

Discussions in connection with amendments to Sections 125.4(1) and 125.5(1) of the Income Tax Act expanding the film tax credit to include contributions to registered pension plans and application of "eligible service" rules in section 8503(3)(a) to employers in the film and television industry that no longer exist.

Discussions in connection with amendments to Sections 125.4(1) and 125.5(1) of the Income Tax Act expanding the film tax credit to include contributions to registered pension plans and application of "eligible service" rules in section 8503(3)(a) to employers in the film and television industry that no longer exist.

Discussions in connection with amendments to Sections 125.4(1) and 125.5(1) of the Income Tax Act expanding the film tax credit to include contributions to registered pension plans. Discussions in connection with amendments to Sections 125.4(1) and 125.5(1) of the Income Tax Act expanding the film tax credit to include contributions to registered pension plans and application of "eligible service" rules in section 8503(3)(a) to employers in the film and television industry that no longer exist.

Engage with government on the impact global events and policies have on Canadian financial services. Provide input on legislation and policies related to financial fraud and scams including perspectives on the National Anti-Fraud Strategy Engage with government on commitments made in Budget 2025 related to increasing competition and affordability for financial services. Provide input on the range of tax filing services available to Canadians as the Canada Revenue Agency (CRA) develops its automatic tax filing plan. Provide input on the federal Financial Sector Legislative Review, including sharing perspectives on the digitalization of money Engage with government to share our experience with registered savings accounts (including the FHSA) Engage with government to ensure Retail Payments Activities Act Regulations reflect existing requirements for prudentially regulated financial institutions including those regulated at the provincial or territorial level. Engage with government support the implementation of open banking, payments modernization and the real time rail with a focus on benefits for individual Canadians and small businesses Bill C-27, Digital Charter Implementation Act as it relates to data portability, privacy and enabling consumer benefits of open banking

Communication with officials regarding federal pension legislation including the Income Tax Act and Pension Benefit Standards Act, as it applies to CAAT’s plan administration, valuation filings, potential new offerings, investments and new employers joining the Plan. Communication with officials regarding how pension plans can support greater infrastructure investments in Canada. Communication with officials regarding climate and sustainability policies as they apply to financial institutions including pension plans. Communication with officials regarding the federal government reissuing Real Return Bonds (RRBs) Exploring areas of opportunity to expand pension coverage across Canada. Describing ways that pensions can be delivered to Early Childhood Educators (ECEs). Communication with officials regarding the development of Variable Payment Life Annuities (VPLAs). Communication with officials regarding pre-budget recommendations related to increasing pension access for Canadians.

Communication with officials regarding how pension plans can support greater infrastructure investments in Canada. Communication with officials regarding climate and sustainability policies as they apply to financial institutions including pension plans. Communication with officials regarding the federal government reissuing Real Return Bonds (RRBs) Exploring areas of opportunity to expand pension coverage across Canada. Describing ways that pensions can be delivered to Early Childhood Educators (ECEs). Communication with officials regarding the development of Variable Payment Life Annuities (VPLAs). Communication with officials regarding pre-budget recommendations related to increasing pension access for Canadians. Communication with officials regarding federal pension legislation including the Income Tax Act and Pension Benefit Standards Act, as it applies to improving CAAT Plan's plan administration, new innovative offerings, investments and new employers joining the Plan.

Housing Finance Programs and Market Infrastructure Federal housing finance programs, procurement policy and Canadian capital markets infrastructure. Participation in the Bank of Canada's Lynx program Support the development of a Canadian Green and Transition taxonomy (or investment guidelines) to help attract capital to domestic businesses, ensuring it reflects the structure of Canada’s economy, including the extractive sector. Climate and sustainability disclosures: ensure that climate and sustainability disclosure mandate proposals are calibrated to the uniqueness of Canada's capital markets and support the competitiveness of Canadian businesses. Discuss policies to support investment in critical minerals and natural resource development, including access to public markets financing and related tax incentives. Discuss federal 2026 pre-budget consultation submission, including priorities related to innovation, critical minerals, and measures to support Canadian productivity and competitiveness. Encourage greater transparency in the over-the-counter markets and discussed policies on the national regulator for securities Encourage a bond allocation incentive program and participation of Bank of Canada in the futures market Discussions and updates of, including support for, international expansion of capital market activities.

Healthcare policy and potential legislation relating to employee benefit programs and the cost of pharmaceuticals, and healthcare policy related to virtual care services To ensure that the needs of the financial sector in matters related to human resources as well as its capacity to service customers are properly reflected in legislation, policies and regulations in the context of the COVID-19 public health and economic crisis. The Personal Information Protection and Electronic Documents Act with respect to privacy, customer data, and data security Taxation - discussion of taxation policy for financial institutions. Seeking to raise awareness about prescription drug coverage policy considerations and concerns in context of national universal pharmacare proposals directly and as a participant in the Together for Better Health Coalition. Other related initiatives include high cost drugs for rare disease and PMPRB regulations Review of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act as it relates to insurance contracts. Pension and Retirement products and income security Guidelines of the Office of the Superintendent of Financial Institutions as they relate to insurance companies. Federal Financial Services legislation review, with respect to Financial Institutions policies, infrastructure, open banking, and financial technology Clarification of Goods and Services Tax (GST) / Harmonized Sales Tax (HST) with respect to the treatment of financial services.

Educating policymakers on exchange-traded funds (ETFs) in Canada to build a profile for the client, ensuring the public service is aware of the benefits of ETFs.

Resuming issuance of Canadian real return bonds. Discussing climate, environmental, and sustainable finance policies, including the incorporation of climate-related and transition-related risks into government policy and frameworks, and factors influencing institutional investor capital allocation decisions. Linking mining practices in Canada to climate-aligned initiatives, and supporting the Mining 2030 initiative, which seeks to responsibly develop critical mineral mines while attracting investor capital. Discuss improvements to Canada's carbon markets and the industrial price on carbon. Request for amendments to the Income Tax Regulations to allow a jointly sponsored pension plans to accept pension funds for an incoming single employer pension plan member who already has overlapping service in the jointly sponsored pension plan for the same period. General discussions on investments, including possible investments in Canadian infrastructure projects and linking investments with federal priorities and announcements (e.g., the latest Fall Economic Statement includes pension-related investment programs and the Stephen Poloz led working group targeted how to increase domestic investments by Canadian pensions). Implementing the Sustainable Finance Action Council's recommendations, including the development and implementation of a Canadian Green and Transition Taxonomy. Taxonomies help in addressing the climate change funding issue by making clear opportunities for climate-related investment. Implementing climate-related financial disclosure frameworks, policies, and other measures for public and private companies. Working with various government representatives and entities to understand and implement measures to overcome barriers to increasing the level of climate-related financial disclosures. This includes defining what constitutes a small company and other work to identify appropriate levels of disclosure.