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A letter sent to Canadian pensioners in July 2011 from the Nortel pension administrator Morneau Shepell announced that pensioners in Canada would have their benefits cut. A webinar held by the legal firm Koskie Minsky on July 22, 2010, addressed some of the questions raised. The windup of the $5 billion Nortel pension plan began in October 2010.
A 401(k) plan may have a provision in its plan documents to close the account of former employees who have low account balances. Almost 90% of 401(k) plans have such a provision. [31] As of March 2005, a 401(k) plan may require the closing of a former employee's account if and only if the former employee's account has less than $1,000 of vested ...
A registered retirement savings plan ( RRSP) ( French: régime enregistré d'épargne-retraite, REER ), or retirement savings plan ( RSP ), is a type of financial account in Canada for holding savings and investment assets. RRSPs have various tax advantages compared to investing outside of tax-preferred accounts.
OTTAWA (Reuters) -Canada plans to ease a housing shortage by leasing public land to developers for construction of affordable houses under a plan unveiled by Prime Minister Justin Trudeau on ...
The Federal Government and its provincial counterparts moved to enhance the Canada Pension Plan to provide working Canadians with more income in retirement. These changes were principally motivated by the declining share of the workforce that was covered by an employer defined-benefit pension plan, which had fallen from 48% of men in 1971 to 25 ...
A registered disability savings plan ( RDSP; French: Régime enregistré d'épargne invalidité) is a Government of Canada program designed to enable individuals with disabilities, with assistance from family and friends to save for their future financial security. The Government of Canada assists people to save with the Canada Disability ...
Strengthening Retirement Security in America August 31, 2018 September 6, 2018 83 FR 45321 2018-19514 84 13848: Imposing Certain Sanctions in the Event of Foreign Interference in a United States Election September 12, 2018 September 14, 2018 83 FR 46843 2018-20203 85 13849
The provincial government called a public inquiry which took place between 2018 and 2020. In the inquiry report Commissioner Richard LeBlanc concluded the government failed its duty to residents by predetermining that the megaproject would proceed no matter what. In his report, LeBlanc concluded that the business case, which assumed the Muskrat ...