Description: The CEO of Canada Post says the corporation’s $17-billion pension plan is badly underfunded and workers will need to help make the plan sustainable.

Source: The Globe and Mail

Date: 12/16/2013

Link: http://www.theglobeandmail.com/report-on-business/canada-post-to-push-for-worker-concessions-on-pensions/article15987182/

Related links:

• Calgary Herald story
• One economist’s view
• A Q&A with CEO Deepak Chopra
• Canada Post
• Canadian Union of Postal Workers

Questions for discussion:

• Why does Canada Post say its pension plan needs fixing?
• What remedies are suggested in this article?
• How many jobs does Canada Post plan to eliminate?
• Briefly summarize economist Armine Yalnizyan’s argument. (See related links.)
• Do you think this argument makes sense? Why or why not?