Your employer is bankrupt and your pension isn’t safe? Ottawa looks to fix the rules
theglobeandmail.com/opinion/editorials/article-your-employer-is-bankrupt-and-your-pension-isnt-safe-ottawa-looks-to/
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| Last Updated | Nov 28 22 |
| Total Articles | 1 |
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Riester pension: How high the pensions paid out really are: New figures show how small the Riester pensions paid are: not only are they extremely small ...
capital.de/geld-versicherungen/riester-rente--wie-hoch-die-ausgezahlten-renten-wirklich-sind-34656460.html
Service without a smile: The case of a widow who had to wait 20 years for her late husband’s Public Service pension is a not-so-extreme example of the ...
trinidadexpress.com/opinion/editorials/service-without-a-smile/article_cda4d9f6-0297-11ef-a549-bbd22ad32e80.html
Honda will build electric vehicles and their parts in Ontario with financial support from the Canadian and provincial governments under a plan to be announced ...
reut.rs/3Jtd1yn
Quick Glance: Honda's Major Investment in Electric Vehicle Factory in Ontario
- According to sources from federal and provincial government levels, Honda is planning to establish a significant new electric vehicle facility in Ontario.
- The forthcoming announcement of the agreement is expected to take place at Honda's facility in Alliston, where plans for a comprehensive project to manufacture electric vehicles, batteries, and components will be revealed.
- Honda's investment in Alliston is projected to surpass the existing major projects in the electric vehicle production sector in Ontario.
- The disclosure of the agreement with Honda is seen as a significant step in the government's efforts to attract companies for establishment in Canada within the emerging electric vehicle industry.
Pension increase: This is how much more money pensioners will receive from July 2024 | table
t-online.de/finanzen/ratgeber/altersvorsorge/gesetzlicherente/id_100271328/rente-erhoeht-so-viel-mehr-geld-bekommen-rentner-ab-juli-2024-tabelle.html
Bus drivers wanted: Four out of ten will soon be retiring: Although more and more people are using buses and trains, there are fewer and fewer people behind the ...
ga.de/news/wirtschaft/ueberregional/busfahrer-gesucht-vier-von-zehn-gehen-bald-in-rente_aid-111068907
Cuba apologizes to Canada for delivering wrong body to grieving family: Cuba apologized to Canada on Wednesday after authorities accidentally delivered the ...
reuters.com/world/americas/cuba-apologizes-canada-delivering-wrong-body-grieving-family-2024-04-24/
Mexican lawmakers approve new pension fund backed by president: Mexico's Senate approved the creation of a new pension fund on Thursday aimed at boosting payouts ...
reuters.com/world/americas/mexican-lawmakers-approve-new-pension-fund-backed-by-president-2024-04-26/
Quick Glance: New Pension Fund Approved in Mexico
- Mexico's Senate approved the creation of a new pension fund to boost payouts to the lowest-earning recipients.
- The reform aims to ensure pensioners receive a specific percentage of their last monthly salary.
- Critics have raised concerns about potential risks to the savings of some Mexicans, a claim disputed by the government.
- The fund will be initially funded by unclaimed savings held by older workers in inactive accounts with private fund administrators.
Even after a Canadian court case against an alleged mafia group collapsed, public records revealed much about how a faction of the ’Ndrangheta mafia in Toronto ... Show more @jaredferrie
Riester pension only "measly pocket money" - contracts turn out to be a flop: A flop! Hundreds of thousands of Riester contracts are now turning out to be a ...
derwesten.de/politik/rente-riester-rendite-id300931725.html
Body of Canadian father missing after he dies in Cuba: His family is demanding answers from Canadian officials after they were sent back the wrong body.
bbc.com/news/world-us-canada-68885840
First Quantum Minerals cuts debt by over $1 bln in first quarter: Canadian miner First Quantum Minerals said on Tuesday that it has cut its debt by $1 ...
reuters.com/markets/commodities/first-quantum-minerals-cuts-debt-by-over-1-bln-first-quarter-2024-04-23/
Quick Glance: First Quantum Minerals Reduces Debt by Over $1 Bln in First Quarter
- Canadian mining company First Quantum Minerals announced a $1.14 billion debt reduction in the first quarter.
- With a series of capital restructuring measures, the company aims to strengthen its balance sheet and cut debt to achieve operational goals.
- The company's total debt as of March 31 is $5.99 billion, down from the previous $7.38 billion.
- Despite a $159 million net loss due to the closure of the Cobre Panama mine, the company posted a $75 million profit in the year-ago quarter.
Canada Inflation Ticks Up to 2.9% on Higher Gas Prices: Canadian consumer prices reaccelerated slightly as expected due to higher gasoline prices ...
trib.al/VxDKxw2
Quick Glance: Canadian Inflation Rises Due to Increase in Gasoline Prices
- Canadian consumer prices saw a slight increase, primarily due to higher gasoline prices. Core metrics indicated further progress in disinflation, prompting the central bank to prepare for a shift to looser monetary policy as early as June or July.
- In March, the consumer price index rose by 2.9% compared to the previous year, up from the 2.8% reported a month earlier. Excluding gasoline, the index slowed to 2.8% from the previous year, in contrast to February's 2.9%.
- However, indications of underlying price pressures decreased. The averages of the Bank of Canada's two core measures decreased to an annual rate of 2.95%, weaker than anticipated. Following the release, yields on two-year Canadian government bonds dropped by approximately 10 basis points to 4.18%.
- The March inflation data suggest that the decline in core metrics this year is not temporary. Bank of Canada officials are now waiting to be convinced that the path to the 2% target can be sustained before making adjustments to monetary policy.
Immigration: 'Some Canadians are beginning to question the multiculturalist model'
lemonde.fr/en/international/article/2024/04/20/immigration-some-canadians-are-beginning-to-question-the-multiculturalist-model_6668991_4.html
Quick Glance: Immigration Debate in Canada: Shifting Perspectives on Multiculturalism
- Sociologist Christian Bergeron notes the intense debate on immigration in Canada, challenging a fundamental pillar of Canadian society.
- Canadian Prime Minister Justin Trudeau aims to welcome around 985,000 new permanent immigrants by 2025.
- Bergeron explains the evolving immigration discourse in Canada, raising doubts about the country's traditional multiculturalism principle.
- The changing demographics of immigrants in Canada have led to concerns among some Canadians, reflecting a sense of destabilization.
Chile’s Finance Minister Signals Tougher Stance in Pension Talks: Chile’s government will sharpen its negotiation strategy to approve President Gabriel Boric’s ...
bloomberg.com/news/articles/2024-04-20/chile-s-finance-minister-signals-tougher-stance-in-pension-talks
Retire early? Study shows: People who work longer are happier: Staying in work instead of early retirement? A recent study suggests that people who are still ...
hna.de/wirtschaft/frueher-in-rente-studie-zeigt-wer-laenger-arbeitet-ist-gluecklicher-renteneintrittsalter-arbeit-zr-93012102.html
Finally abolish pensions at 63: FDP wants to take action - also with citizen’s money
infranken.de/ratgeber/karriere-geld/fdp-plaene-rente-mit-63-endgueltig-abschaffen-durchgreifen-auch-beim-buergergeld-sanktionen-art-5860413
Cora Schumacher reveals how much pension she will receive: “Total awesome”: In the SAT.1 report “People talk about money!”, celebrities reveal their finances ...
focus.de/kultur/stars/ex-frau-von-ralf-schumacher-cora-schumacher-verraet-wie-viel-rente-sie-bekommen-wird-totaler-hammer_id_259876888.html
Never worked? This is how much pension you will still receive: Anyone who is not employed never pays into the statutory pension insurance. But does this person ...
focus.de/finanzen/altersvorsorge/rente/keine-rentenpunkte-kein-geld-so-viel-rente-bekommen-sie-wenn-sie-nie-gearbeitet-haben_id_232403901.html
Canada’s Retail Sales Flatlined in the First Quarter: Canadian consumers haven’t tightened their belts this much in nearly a year, and there are no signs of ...
bloomberg.com/news/articles/2024-04-24/canada-s-retail-sales-flatlined-in-the-first-quarter
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Two years of war have impoverished many Ukrainians: The elderly, the displaced and the disabled are the worst affected
economist.com/europe/2024/04/21/two-years-of-war-have-impoverished-many-ukrainians
Mexico president eyes fresh pension fund ahead of election: Mexican President Andres Manuel Lopez Obrador said on Tuesday he hopes to present a new fund aimed at ...
reuters.com/world/americas/mexico-president-eyes-fresh-pension-fund-ahead-election-2024-04-23/
Quick Glance: Mexican President's Plan for Enhanced Pensions Before Elections
- President Andrés Manuel López Obrador is planning to introduce a fund to enhance lower pensions ahead of the presidential elections.
- The fund, part of a pension reform proposed by the president in February, has received approval from the lower house and is awaiting Senate approval.
- Initially, the government aims to invest around 40 billion pesos in the fund to ensure that workers earning up to 17,000 pesos per month receive 100% of their salary in retirement.
- The opposition has raised concerns about the impact on workers' savings managed by private companies. The government denies this claim, with the retirement fund association emphasizing that individuals will retain control over their accounts.
Canadian and US authorities said six people have been arrested and three more are being sought in connection with what they called the largest gold heist in ...
reut.rs/3Q7Q0ot
Two years of war have impoverished many Ukrainians: The elderly, the displaced and the disabled are the worst affected
economist.com/europe/2024/04/21/two-years-of-war-have-impoverished-many-ukrainians
Vox analysis: Left-wing and older people voted particularly often for the 13th AHV pension
nzz.ch/schweiz/analyse-zur-ahv-abstimmung-linke-aeltere-und-aermere-stimmen-besonders-oft-fuer-hoehere-renten-ld.1827098
Retirement at 63: Experts call on traffic lights to let Germans work longer: The FDP wants to accelerate the economic turnaround with a 12-point plan ...
focus.de/finanzen/boerse/konjunktur/sozialpopulismus-oder-erst-der-anfang-rente-mit-63-experten-fordern-ampel-auf-deutsche-laenger-arbeiten-zu-lassen_id_259881725.html
Shortages key to copper's upward price trajectory to new peaks: Upward momentum that has propelled copper prices to within a whisker of the psychological $10 ...
reuters.com/markets/commodities/shortages-key-coppers-upward-price-trajectory-new-peaks-2024-04-23/
Cora Schumacher reveals her future pension: "Totally awesome": Celebrities reveal their finances in the SAT.1 report "Über Geld spricht man doch!" ...
focus.de/kultur/stars/ex-frau-von-ralf-schumacher-cora-schumacher-verraet-ihre-zukuenftige-rente-totaler-hammer_id_259876888.html
Pension: work until 73? Retiring in your late 60s “much more difficult”: In a few decades, younger people might not be able to retire until their early 70s ...
derwesten.de/panorama/vermischtes/rente-eintritt-alter-eintrittsalter-id300920831.html
Bunge-Viterra agriculture merger runs into Canada competition concerns: Canada's Competition Bureau on Tuesday said it found major competition concerns around U ...
reuters.com/markets/deals/canadian-competition-bureau-has-major-concerns-about-proposed-bunge-viterra-2024-04-23/
106-year-old man chases pension for 28 years in vain: After retiring on March 31, 1996, as a primary teacher, Dacio Oridria says he has chased for his pension in ...
monitor.co.ug/uganda/news/national/106-year-old-man-chases-pension-for-28-years-in-vain-4601526
Two-thirds of Canadians consider themselves fans of women's sport - study: Two thirds of Canadians consider themselves to be fans of women's sport ...
reuters.com/sports/two-thirds-canadians-consider-themselves-fans-womens-sport-study-2024-04-22/
Ottawa to force banks to identify carbon rebate by name in direct deposits: The first rebate deposits in 2022 were generically labelled – ‘federal payment’ and ...
theglobeandmail.com/politics/article-ottawa-to-force-banks-to-identify-carbon-rebate-by-name-in-direct/
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If the statutory pension is not enough: how to make private provision for old age
rheinpfalz.de/rheinpfalz-am-sonntag_artikel,-wenn-die-gesetzliche-rente-nicht-reicht-so-kann-man-privat-f%C3%BCrs-alter-vorsorgen-_arid,5638025.html
He needs one more day on the roster for an MLB pension. Can the Braves help?: 67-year-old Gary Cooper of Savannah spent 42 days on the Atlanta Braves roster in ...
gpb.org/news/2024/04/12/he-needs-one-more-day-on-the-roster-for-mlb-pension-can-the-braves-help
Pensioner works six days a week so she can eat ice cream with her grandchildren: Although Heidi (65) has worked all her life, her pension is not enough for the ...
focus.de/panorama/welt/nach-lebenslanger-erwerbsarbeit-rentnerin-arbeitet-sechs-tage-die-woche-um-mit-enkeln-eis-essen-zu-koennen_id_259852046.html
Canada beats U.S. in OT thriller to win Women’s Worlds gold
sportsnet.ca/wwhc/article/canada-beats-u-s-in-ot-to-win-womens-worlds-gold/
Pensions will be increased from July! Who will have to pay new taxes - and who won't
focus.de/finanzen/news/grundfreibetrag-renten-werden-ab-juli-erhoeht-wer-dann-steuern-zahlen-muss-und-wer-nicht_id_259854796.html
Venice introduces first payment charge for tourists: The Italian city became the first in the world on April 25 to introduce a payment system for tourists in an ...
theglobeandmail.com/world/video-venice-introduces-first-payment-charge-for-tourists/
What Happens to My Pension if My Company Goes Bankrupt?: Certain benefits are guaranteed if your pension plan fails.
money.usnews.com/money/retirement/articles/what-happens-to-my-pension-if-my-company-goes-bankrupt
Zilog Z80: chip oldie retires after 48 years: The 8-bit processor that powered Nintendo's Gameboy, among other things, will go into production for the last time ...
derstandard.at/story/3000000216813/zilog-z80-chip-oldie-geht-nach-48-jahren-in-pension
Canada's TC Energy says NGTL pipeline system resumes normal operations after fire
reuters.com/business/energy/canadas-tc-energy-says-ngtl-pipeline-system-resumes-normal-operations-after-fire-2024-04-22/
Federal Social Court on the crediting of child-rearing periods: Are fathers discriminated against when it comes to pensions?
spiegel.de/wirtschaft/soziales/bundessozialgericht-zur-rente-werden-vaeter-bei-kindererziehungszeiten-diskriminiert-a-9eb44b05-5cda-423a-ae26-858ee4da6146
FSB calls on hedge funds and commodities traders to hold more liquid assets: Global policymakers’ recommendations focus on need for capacity to meet margin calls ...
ft.com/content/d4517163-85ad-4af4-bd4d-2e26a44b49db
Airline worker among six arrested in $22M airport gold heist. Police say it was an inside job
cnn.com/2024/04/17/americas/toronto-airport-heist-arrests/
Quick Glance: Six Arrested in $22M Airport Gold Heist, Inside Job Unveiled
- Six individuals were arrested for the multimillion-dollar gold heist at Toronto's Pearson International Airport.
- Police identified it as an 'inside job' and charged nine suspects in connection with the crime.
- Investigations revealed that former Air Canada employees were allegedly involved in the theft.
- The criminals intended to use the stolen gold and cash to finance illegal firearms trafficking into Canada.
Canada to unveil budget as experts doubt fiscal targets: Canadian Finance Minister Chrystia Freeland will have to find ways to amp up savings or raise taxes when ...
reuters.com/markets/canada-unveil-budget-experts-doubt-fiscal-targets-2024-04-14/
‘Under the Bridge’ Review: True Crime Strikes a False Note: Riley Keough and Lily Gladstone star in this Hulu series about the murder of a Canadian teenager.
on.wsj.com/4aX5JOV
The Life and Times of Leftovers: The Life and Times of Leftovers
usatoday.com/story/money/personalfinance/2024/05/07/the-life-and-times-of-leftovers/73390776007/
Canada's Rogers profit takes hit from higher costs related to Shaw acquisition: Rogers Communications posted a drop in first-quarter profit on Wednesday ...
reuters.com/business/media-telecom/canadas-rogers-communications-tops-quarterly-subscriber-additions-estimate-2024-04-24/
I’m 40, single, and without children. Do I really need a will?: There’s no reason to put your family through additional drama when you pass away ...
smh.com.au/money/super-and-retirement/i-m-40-single-and-without-children-do-i-really-need-a-will-20240423-p5fly9.html
Tougher civil money penalties, no pension at 63: FDP presents 12-point plan: The FDP is putting pressure on its partners SPD and the Greens for the economic ...
focus.de/politik/deutschland/12-punkte-plan-fuer-wirtschaftswende-fdp-will-arbeitsverweigerern-das-buergergeld-um-30-prozent-kuerzen_id_259874206.html
500 Newfoundlanders went on same cruise by coincidence: The residents of the Atlantic Canadian province chased the same good deal online without prior planning.
bbc.co.uk/news/av/world-us-canada-68860064
FDP parliamentary group leader Dürr: Retirement at 72 must be possible: "From 2030 onwards, things will get serious and pensions will face major challenges ...
faz.net/aktuell/wirtschaft/fdp-fraktionschef-duerr-rente-mit-72-muss-moeglich-sein-19654340.html
Forecast for 2024: Pensioners pay almost 50 billion euros in taxes: Pensioners also have to pay taxes - the revenue for the tax authorities is significant ...
spiegel.de/wirtschaft/rentner-zahlen-fast-50-milliarden-euro-steuern-prognose-fuer-2024-a-ecf56b33-02c7-492b-99be-5ca085058761
Robert MacNeil, Earnest News Anchor for PBS, Dies at 93: With his longtime co-host Jim Lehrer, he delivered thoughtful reports that stood in stark contrast to ...
nyti.ms/3JcPxNT
'I will forget you,' she told a man she met while travelling. She never did and they found unexpected love
ctvnews.ca/lifestyle/i-will-forget-you-she-told-a-man-she-met-while-travelling-she-never-did-and-they-found-unexpected-love-1.6855095
Toronto Pearson gold heist: 9 people charged in historic $20M theft | Globalnews.ca
trib.al/V0ogUWa
Quick Glance: 9 Suspects Arrested in $14.8 Million Gold Heist at Toronto Airport, Only Partially Recovered
- Only six pure gold bracelets worth over $65,000 have been recovered from the $14.77 million gold heist that took place last year.
- The perpetrators are believed to have melted down and sold the stolen gold to acquire illegal firearms for a smuggling operation, as stated by Peel Regional Police Detective Sgt. Michael Mavity.
- Additionally, the police have seized $312,000 in cash, suspected to be profits made by the suspects after selling the gold.
- Lists accounting for $7.21 million and $10.23 million were also found at two separate locations, indicating the distribution of money from the gold sales by the suspects.
Paris bound: See which LSU men's swimmer qualified for the Olympics at an event in Toronto
theadvocate.com/baton_rouge/sports/lsu/lsu-swimmer-jere-hribar-qualifies-for-2024-olympics----------------------------------ppp/article_d00adbd6-1403-5ed5-804d-c3a9d9d30515.html
The end of Atlas: Boston Dynamics sends the humanoid robot into retirement with a final video
t3n.de/news/boston-dynamics-atlas-roboter-rente-1619642/
Quick Glance: Boston Dynamics unveils eerie new fully electric humanoid robot
- Boston Dynamics has revealed a new humanoid robot named Atlas capable of complex movements.
- This model is the company's first fully electric model and boasts a wider range of motions than its predecessors.
- Atlas features advanced AI tools like machine learning and computer vision to learn from its own actions.
- The robot is being tested by Hyundai and is expected to be deployed in various applications in the coming years.
Punjabi Canadian resident’s video sparks laughter and sympathy: From grappling with the intricacies of Canadian winters to navigating cultural differences ...
indianexpress.com/article/trending/trending-globally/punjabi-canadian-residents-video-sparks-laughter-sympathy-9290450/
Auditor General to audit pension: Specifically, the Office of the Auditor General says their auditors would establish whether bonafide pensioners are on the ...
monitor.co.ug/uganda/news/national/auditor-general-to-audit-pension-4600258
Pensioner works six days a week so she can eat ice cream with her grandchildren: Although Heidi (65) has worked all her life, her pension is not enough for the ...
focus.de/panorama/welt/nach-lebenslanger-erwerbsarbeit-rentnerin-arbeitet-sechs-tage-die-woche-um-mit-enkeln-eis-essen-zu-koennen_id_259852046.html
Chamber of Employees criticizes FDP: "Retirement at 63 is an unfortunate term": The FDP wants to abolish retirement at 63. The Liberals' plans have met with ...
n-tv.de/mediathek/videos/politik/Rente-mit-63-ist-ungluecklicher-Begriff-article24893116.html
Canada earmarks $1.16 billion for military aid to Ukraine in 2024 budget: Canada’s budget for 2024 proposes to supply Ukraine with 1.6 billion Canadian dollars ...
kyivindependent.com/canada-earmarks-1-16-billion-for-military-aid-to-ukraine-in-2024-budget/
Quick Glance: Russia Strikes Chernihiv: 18 Dead, Ukraine Appeals for Air Defense
- At least 18 people were killed and over 60 wounded in Chernihiv due to Russian missile strikes. Ukrainian officials emphasized that the attack could have been prevented with adequate air defense systems.
- Russia launched three Iskander cruise missiles at the city, located near the Russian border and previously encircled by Russian troops.
- Ukraine currently has three Patriot air defense systems but requires 26 for full coverage. Following appeals for more systems, Germany pledged to send an additional one.
- A $60 billion aid package for Ukraine is stalled in the US Congress, allowing Russia to exploit ammunition and air defense shortages and gain ground in the east.
Canadian dollar posts biggest weekly decline in 11 months: The Canadian dollar weakened to a near five-month low against its broadly stronger U.S ...
reuters.com/markets/currencies/canadian-dollar-posts-biggest-weekly-decline-11-months-2024-04-12/
Airbus granted reprieve from Canadian sanctions on Russian titanium, sources say: Source says it came to Ottawa’s attention there were unforeseen effects of the ...
theglobeandmail.com/politics/article-airbus-granted-reprieve-from-canadian-sanctions-on-russian-titanium/
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Transport turnaround in danger: staff shortage in public transport: Around 8,000 bus and streetcar drivers would have to be hired - instead ...
zdf.de/nachrichten/wirtschaft/verkehr-bus-strassenbahn-personalmangel-100.html
Grimes apologizes for disastrous Coachella set: Canadian singer Grimes apologized to fans on Saturday after her Coachella set earlier that evening was beset by ...
cnn.com/2024/04/15/entertainment/grimes-apology-disastrous-coachella-set-intl-scli/
Unified, organized Jets have potential to end Canadian Cup drought: It’s not a stretch to think this Winnipeg Jets team can finally bring the Cup back over the ...
sportsnet.ca/nhl/unified-organized-jets-have-potential-to-end-canadian-cup-drought/
AP Dhillon justifies breaking guitar in Instagram post, receives more backlash: Indo-Canadian singer AP Dhillon recently performed at the Coachella Valley Music ...
indianexpress.com/article/entertainment/bollywood/ap-dhillon-justifies-breaking-guitar-in-instagram-post-receives-more-backlash-9275792/
A celebrity seal was moved 125 miles away. He showed up again days later.: Canadian wildlife officials relocated Emerson the elephant seal this month after his ...
washingtonpost.com/world/2024/04/19/emerson-elephant-seal-victoria-canada/
Retiring in your sixties is becoming impossible: "75 is the new 65": Retiring in your 60s seems to be an unfulfillable dream for the younger generation ...
focus.de/finanzen/news/experte-ist-sich-sicher-in-den-sechzigern-in-ruhestand-gehen-wird-unmoeglich-75-ist-das-neue-65_id_259840289.html
A big Tesla investor wants Elon Musk to unionize: The push comes as Tesla mechanics in Sweden have been on strike against the EV maker for months
qz.com/tesla-elon-musk-sweden-union-strike-norway-pension-fund-1851403642
Montreal tenant forced to pay his landlord’s taxes offers advice to other renters
theglobeandmail.com/real-estate/article-montreal-tenant-forced-to-pay-his-landlords-taxes-offers-advice-to/
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‘The situation is crying out for redress… I just don’t exist, pension-wise,’ says woman forced to resign due to marriage bar
independent.ie/irish-news/the-situation-is-crying-out-for-redress-i-just-dont-exist-pension-wise-says-woman-forced-to-resign-due-to-marriage-bar/a270068470.html
Should we use savings to pay down mortgage or invest in shares?: Once you get to the point where your mortgage isn’t weighing you down, you can explore other ...
smh.com.au/money/borrowing/should-we-use-savings-to-pay-down-mortgage-or-invest-in-shares-20240416-p5fk5p.html
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