“Algoma employees and pensioners, the company's suppliers, the City of Sault Ste. Marie and the government of Ontario contributed hundreds of millions of dollars to the effort to making this company viable.”
Wayne Fraser
“Overall, pension schemes are well governed and continue to succeed in delivering decent, cost-effective pensions to millions of people.”
Christine Farnish
“A Labour government was in favour of an extended maternity leave and the introduction of paternity leave. Having longer maternity leave would mean a higher participation rate of women in the employment sector. It would ultimately mean more taxpayers, and hence, more sustainable pensions.”
Joseph Muscat
“The increase was primarily a result of reductions in discount rates to 4% for German pension plans and to 5.4% for non-German pension plans.”
Bodo Uebber
“They would have a more secure retirement because we boosted their pension benefits and savings plans.”
Dan Beck
“Clearly we are going to have to put more of our operational cash flow into pensions than we'd like or we had planned earlier,”
John Devine
“Without the pension drag, we'd expect to make about $7.50 a share this year, ... We're not excusing the pension expense. But we'll be working through it, we'll get this behind us. Making the $10 (a share target) with the pension drag will be difficult but we're still committed to it.”
