The Department of Finance recently announced a set of proposals to change the Canada Pension Plan (CPP). So far there seems to have been little coverage in the media. Perhaps there should be more. One big change planned is a reduction in pension benefits for persons who start CPP benefits ...
Most pension plans in Canada are restricted by the Pension Benefits Standards Act of 1985 from owning more than 30% of the votes attached to shares issued by a public company. The rationale, among other things, is to prevent pension plans from controlling large chunks of the Canadian economy.
Just because it's the weekend, doesn't mean the economy takes a break from crumbling. So, before you head outside to enjoy the second day of Spring, take a look at a few interesting stories that have recently popped up on the web. Have a good weekend!




