Flaherty calls for local finance ministers' support on pension reforms


CANADA - Canadian finance minister James Flaherty called for local finance ministers to support his plans to give tax incentives and modify pension standards to boost the defined contribution market, and to bring changes to the Canada Pension Plan.

In a letter sent to provincial ministers, he wrote central and local governments should work together to encourage private savings and remove barriers which prevent some Canadians from participatin...

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