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Latest News

For summaries of the most recent regional, national and international news stories pertaining to chartered accountants and the Alberta CA profession, please see the articles below.

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February 09, 2011

Get smart: Ottawa plans crash courses on financial literacy

As consumer debt levels soar and baby boomers approach retirement, the federal government is looking at adopting a long list of measures designed to prod Canadians into making smarter financial decisions. The measures recommended by a federal task force cover a wide range of initiatives. Employers who offer pensions would be required to automatically enroll employees and escalate their contribution, so that employees would have to opt out rather than opt in. Financial institutions would be forced to simplify and improve information available about everything from mortgages to mutual funds. Tax breaks would be offered for workplace financial literacy programs, and students would be taught more about debt if they take out a student loan.
http://www.theglobeandmail.com/report-on-business/get-smart-ottawa-plans-crash-courses-on-financial-literacy/article1899573/

Globe and Mail

Latest News 2011

Latest News

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