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DIPAC Blog

This is an informal discussion panel for pension related topics.

Sears Canada Bankruptcy

What is happening to Sears Canada pensioners is what we have been discussing at the last couple of DIPAC Annual General Meetings and why the Canadian Federation of Pensioners (CFP) is putting a lot of effort to change the CCAA to prioritize pension obligations higher up in the liability recognition as opposed to today where pensions are treated as an unsecured creditor.

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