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Canadian startup news of the week (5/7/23)

Welcome to BetaKit's startup stories of the week! Here, you will find the week's most important news, features, and editorials published on BetaKit.

Ontario Pension Board preparing for departure of two top executives

The Ontario Pension Board is announcing its plans for managing the coming departures of two of its top executives Mark Fuller, president and chief executive officer, and Peter Shena, executive vice-president and chief pension officer. Shena (pictured right) will be stepping down from his role at the end of 2023, while Fuller (pictured left) […]

Pension super-priority bill becoming law following Senate vote

A bill that provides super-priority to defined benefit pension plan members during plan windups or employer bankruptcies has been passed by the Senate and will become law. “Now that C-228 has passed, it is up to the government to schedule it for royal assent and then to incorporate it into the [Bankruptcy and Insolvency Act] […]

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