Time bomb threatens pension system: report

Article Abstract:

A new report from the Association of Canadian Pension Management says Canada's Pension Plan and medicare are threatened by thre growing numbers of Canadians who will retire by 2030. The baby boom generation, whose member are both living longer and have fewer children, may require an increase in premiums and a decrease in benefits.

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Toronto freezes pension transfers on allegations

Article Abstract:

RT Capital Management Inc., which is owned by Royal Bank of Canada, has been implicated in a stock manipulation scandal by the Ontario Securities Commission. The city of Toronto has frozen the transfer of pension money to RT Capital accounts during the invesigation.

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Reaction to Resignations Ranges From Confidence to Concern

Article Abstract:

The resignations of several top executives at RT Capital Management Inc. following a stock manipulation scandal draws varied reactions from the company's clients.

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