The applicant, Mr. Walts, brought a motion to change spousal support, seeking a reduction in payments.
He argued that a material change in circumstances had occurred because the respondent, Ms. Walts, had reached age 55 and could now access her Locked-in Retirement Savings Plan (LRSP), and because his own income had decreased due to voluntary retirement and subsequent part-time employment.
The court dismissed the motion, finding that Mr. Walts had not established a material change in circumstances.
The court imputed his pre-retirement income and determined it was not objectively reasonable to require Ms. Walts to draw on her LRSP at that time, considering her disability, future needs, and market fluctuations affecting her retirement assets.
A review date for spousal support was set for when Mr. Walts reaches age 65.