U.S. federal law governs the AFM-EPF and other funds of this type. Canadian funds follow the Income Tax Act, administered by the Canada Revenue Agency (CRA) and the laws of the province where the majority of their participants live. Since most AFM Canada members live in Ontario, the Canadian fund is regulated by the Ontario regulator and follows the laws of the Pension Beneﬁts Act of Ontario. Pensions originating in other provinces will have diﬀerent rules and regulations, but these won’t apply to the Canadian pension plan. The location of the pension oﬃce has no inﬂuence on the laws applied.