CANADA - Canada's financial stability could be at risk by the discovery that current methods of accounting for public sector pension obligations may have been understating their true costs by C$58bn (US$56.3bn), a think tank said.
Research from C.D Howe Institute showed that a fair-value bookkeeping approach to evaluating the costs of Canada's civil service, military and police pensions exposes a potential black hole in Otta...
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