“While the vast majority of pension plans have the resources needed to withstand the impact of COVID-19 on their investments, if a plan is forced to sell assets at fire-sale prices to meet its obligations, it will have a devastating effect. Pension plans that are forced to take this step will likely be left with substantial pension deficits that will be very difficult to eliminate." Bert Blundon, NUPGE Secretary-Treasurer
"While there are some positive promises in this federal budget, it does not go nearly far enough to deliver on those things that Canadians most desperately need right now." — Larry Brown, NUPGE President
Growing concern that vested interests will scuttle this small but important step towards a fairer tax system.