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  • Law protecting defined benefit pensions in insolvency could have undesired results: Blakes lawyers

Law protecting defined benefit pensions in insolvency could have undesired results: Blakes lawyers

Insolvency Insider
Insolvency Insider

Apr 14, 2023

Law protecting defined benefit pensions in insolvency could have undesired results: Blakes lawyers

Kelly Bourassa and Jeff Sommers of Blakes describe how Bill C-228 could unintentionally hasten the demise of the very pension plans it seeks to protect, altering the risk profile for lenders to companies with DB plans, who may respond by making credit less available, more difficult to obtain, and more expensive.

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