L I N K You have to give Quebec credit when credit is due. No word yet on Ontario following suit.
“But while provinces like Ontario have not offered to top up a pension shortfall, the Quebec government, which passed legislation in January providing funding relief to Québec registered pension plans, have extended a helping hand to Nortel employees.
“The Ontario Pension Benefits Act has provisions empowering the government to create an agency that could received pension assets but have never been proclaimed,” said Mr. Pierlot. Until now they have not exercised it.”