Canada Post Avoids $100M A Month Pension Payments

Canada Post is again postponing payments into its pension plan, avoiding a $100 million-a month bill that falls due July 1. Cabinet authorized the deferral as “temporary relief” from closing a pension shortfall that’s grown 25% since 2011: “They are in a cash crunch”.

This content is for Blacklock’s Reporter members only. Please login to view this content. (Register here.)

Back to Top