Sentences with phrase «canadian pension shortfalls»
On February 16, 2016, the Ontario government announced that they have decided to delay the effective start date of the Ontario Retirement Pension Plan (ORPP) after entering into an agreement with the federal government that would allow for time to find a solution to individual Canadian pension shortfalls and a possible enhancement to the CPP.
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Even big, supposedly safe Canadian stalwarts now have defined benefit pension shortfalls not in the millions, but in the billions of dollars.