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Pension Funding Regulation Passed

The Ontario Government has passed a regulation providing funding relief for the Company's defined benefit pension plans.  The new regulation allows for fixed payments over the next three years and extends the amortization period through to 2024.  The regulation is deemed effective as of December 1, 2013.  To view the regulation on the Ontario Government elaws website click here.

Last Published: May 13, 2014

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