Tag Archives: Solvency Deficit

The Canada Post Pension Plan: the Elephant in the Room

A report on Canada Post’s Defined Benefits pension plan and how it has become the number one issue to the company’s future survival. A look into the problems, challenges and solutions within the most difficult times in the history of … Continue reading

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What are Solvency and Going Concern Deficits?

The Canada Post Pension Plan 2010 Annual Report declared: “The Plan ended 2010 with an estimated solvency deficit of $3.2 billion and a going-concern deficit of $174 million. These deficits resulted from the sharp declines in global capital markets in … Continue reading

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2009 State of the Canada Post Pension

What is the state of the Canada Post Pension, and what are all the numbers about? Here is Moya Greene’s perspective before a parliamentary committee in 2009 while she was still CEO of Canada Post:(1) Senator Callbeck: So how much of … Continue reading

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