Canada mulls federal pension guarantee fund

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CANADA - The Canadian government is mulling the idea of establishing a federal pension guarantee fund on the lines of the Pension Benefit Guarantee Fund (PBGC) in the US and the Pension Protection Fund (PPF) in the UK.

The idea has been mooted by the Ministry of Finance in a major consultation paper on how to strengthen the legislative and regulatory framework for defined benefit pension plans registered under th...

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