Bloomberg News

Flaherty Says Canada Must Act to Keep Pension System Sustainable

February 02, 2012

Feb. 2 (Bloomberg) -- Canadian Finance Minister said the government needs to take actions on the country’s pension system in order to ensure its long-term sustainability.

Flaherty, speaking to reporters on a conference call from Tel Aviv, declined to say whether actions would be taken in his next budget. He said any actions would not have an immediate effect.

To contact the reporter on this story: Theophilos Argitis in Ottawa at targitis@bloomberg.net

To contact the editor responsible for this story: Paul Badertscher at pbadertscher@bloomberg.net


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