Flaherty’s Pension Announcement: A Weak Response
I recently wrote about the “pension crisis” and what was needed to improve income protection for Canadian seniors. While several provinces have been working on new pension rules, it was federal Finance Minister Flaherty who made the first move, with his announcement on October 26 of proposed changes to federal pension legislation. While there were some positive elements in Flaherty’s announcement, it was far short of what we need. His