Advocates hopeful budget will include new pension protections

Advocates hopeful budget will include new pension protections

Bill Morneau, Minister of Finance, listens to questions asked by the media during a press conference on the national pharmacare program in Toronto on Wednesday, March 6, 2019. Mr. Morneau recently said his March 19 budget will include measures to support seniors, but he has not provided additional detail. Seniors advocates are optimistic that the federal government’s pre-election budget will include measures aimed at protecting private-sector pensions in the event of a bankruptcy.

Ottawa has been reviewing its options after Sears Canada’s 2017 bankruptcy left its pensioners with a 30-per-cent cut in pension payments and the complete loss of health […]

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