Worst pension funds - MoneySense

Worst pension funds

The 20 most under-funded pension funds in Canada and a book giveaway in the daily roundup.

  • Canadian-owned bond rating agency DBRS has listed the its top 20 worst funded Canadian pension funds as of the end of 2012. The list includes Ontario Power Generation, Air Canada, Hydro-Quebec, Bombardier, Imperial Oil, all with billion dollar plus deficits. Employees at Pembina Pipeline, Tormont Industries, Norbord, Husky Energy and Surperior Plus Income on the hand can feel confident their pension plans are actually running multimillion dollar surpluses.
  • The MoneySense Beginner’s Guide to Personal Finance hit digital newsstands today. The eBook has everything you need to know the real world of money including tips on saving, debt, mortgages, car-buying, insurance and taxes. It’s the perfect gift for recent graduates. Check out the iTunesAmazon and Kobo online stores to buy a copy. Or try your luck by entering our contest below to win a free iTunes copy.

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