Refine by MP, party, committee, province, or result type.
Government Operations committee Thank you for that question. I think it's a fair question and a fair perspective. Again, it would depend on where the different plans are registered. I talked about, for example, the difference in the level of solvency. If you're a federally registered plan, that might include i
October 31st, 2016Committee meeting
Uros Karadzic
Government Operations committee The plan is in a solvency deficit.
October 31st, 2016Committee meeting
Uros Karadzic
Government Operations committee The plan is not in surplus, other than the small surplus—
October 31st, 2016Committee meeting
Uros Karadzic
Government Operations committee —on an ongoing concern basis, if that's what you're referring to.
October 31st, 2016Committee meeting
Uros Karadzic
Government Operations committee Canada Post had the exemption from solvency contributions, so it's not the solvency contributions that led it there. I think the biggest difference is the way these valuations are done. We're assuming a much higher discount rate on an ongoing concern basis, which reduces the liab
October 31st, 2016Committee meeting
Uros Karadzic
Government Operations committee That in fact is one of the alternatives listed as a possible alternative to making the contributions. Essentially, extending the current exemptions or making them permanent would be an alternative. Again, that changes the cash contributions into the plan, which is what's at iss
October 31st, 2016Committee meeting
Uros Karadzic
Government Operations committee Sure. If the exemption continues or is made permanent, then those large contributions that we're discussing would not have to be made.
October 31st, 2016Committee meeting
Uros Karadzic