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financial services. Unlike banking, it is not prudentially regulated. The Bank of Canada regularly monitors entities and …
Persistent link: https://www.econbiz.de/10011986738
This paper discusses how the bankers' acceptance (BA) market in Canada is organized and its essential link to the … Canada, BAs provide a key source of funding for small and medium-sized corporate borrowers that may not otherwise have direct … issued by non-government entities and are the second-largest money market instrument overall in Canada, averaging just over …
Persistent link: https://www.econbiz.de/10011863026
institute. In “Helping Ontarians Save for Retirement: How the Province Could Adapt the Canada Supplementary Pension Plan … Canada Pension Plan (CPP) on one hand, or reliance on Pooled Registered Pensions Plans (PRPPs), on the other. …
Persistent link: https://www.econbiz.de/10010855062
The limitations inherent in the traditional pension models – defined contribution (DC) and defined benefit (DB) – are facing increased scrutiny and new models are developing in response to these pressures. Due to extremely low interest rates and the volatility of equity markets, over the...
Persistent link: https://www.econbiz.de/10010855083
Despite having been available for decades, target benefit pension plans (TBPs) will continue to be resisted by federally regulated employers unless a legal flaw is fixed, according to a report from the C.D. Howe Institute. In “Target Benefit Plans: Improving Access for Federally Regulated...
Persistent link: https://www.econbiz.de/10010939370
Fear of lawsuits may inhibit employers from steering employees into defined-contribution pension plans and RRSPs, and from guiding them into sensible choices for investing and withdrawing their money. Safe-harbour provisions that reduced this threat would help employers act in good faith to...
Persistent link: https://www.econbiz.de/10004998531
Provisions in defined-benefit pension plans may bring down employment rates among older workers — a concern for employers, and for policymakers projecting the impact of babyboomers’ mass retirement from the labour force.
Persistent link: https://www.econbiz.de/10005051475
Many retirees face dramatic erosion of their savings due to outdated government rules, says a new C.D. Howe Institute report. In “Outliving Our Savings: Registered Retirement Income Funds Rules Need a Big Update,” authors Alexandre Laurin and William Robson urge the government to re-visit...
Persistent link: https://www.econbiz.de/10010779308
Persistent link: https://www.econbiz.de/10011200232
Canadian public-sector pension plans typically do not use market yields to calculate their liabilities: if they did, Ottawa’s unfunded pension liability would stand at $227 billion – some $80 billion larger than reported in the Public Accounts. The value of the typical federal employee’s...
Persistent link: https://www.econbiz.de/10009391687