No pension panic in Canada after U.S. credit downgrade
The U.S.’s credit rating was downgraded from AAA to AA+ by credit rating agency Standard & Poor’s late Friday, raising the question of what effect this will this have on Canadian pension plans, many of which are required to hold a certain percentage of assets with AAA ratings. For now, it appears the effect may […]
- August 8, 2011 September 13, 2019
- 14:05