News Source: The Globe & Mail
| about 1 month ago
Companies cannot take “contribution holidays” to skip payments to their pension plans unless the plans have a surplus of at least 5 per cent. Companies cannot make benefit improvements to their plans if the plan is less than 85 per cent funded,...
News Source: Macleans
| about 1 month ago
Tuesday, adding to calls for Bank of Canada governor Mark Carney to intervene in currency markets. The warning from the chief economist at Canadian Imperial Bank of Commerce (TSX:CM) comes at a time when the central bank has held out the possibility...
News Source: Toronto Star
| about 1 month ago
The Harper government is moving to do what it can to address the growing pension crisis. Finance Minister Jim Flaherty today announced plans to reform federal private pension legislation to enhance protection for pensioners--many of whom are...
News Source: Canadian Broadcasting Corporation
| about 1 month ago
Finance Minister Jim Flaherty introduced new rules for public pensions on Tuesday, aimed at putting plans at Crown corporations and other firms on more solid ground. Finance Minister Jim Flaherty. (CBC) "We understand the value of secure and...
News Source: Macleans
| about 1 month ago
The lead partner in the Mackenzie natural gas pipeline says it is still committed to developing the project, despite a report suggesting Ottawa may yank its financial support...Natural gas shipper TransCanada Corp. (TSX:TRP) is also involved through...
News Source: Canadian Broadcasting Corporation
| about 1 month ago
Finance Minister Jim Flaherty will unveil new rules for public pensions on Tuesday, aimed at putting plans at Crown corporations and other firms on firmer ground. The lead partner in the Mackenzie natural gas pipeline says it is still committed to...