COUNTRY/REGION OF RESIDENCE While employees typically favour the ongoing benefits of the latter plan, employers can find themselves saddled with additional costs if their pension fund runs short.



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"We bargained these pension plans over four decades ago and as a result of the global financial crisis and a top-heavy salary structure for CEOs, we're being asked to feel the pain," Lewenza told CTV News Channel as negotiations continued at a downtown Toronto hotel through the weekend. (Andrew Vaughan / THE CANADIAN PRESS)

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That figure stands at $2.1 billion today. Arrival Friday, 23 March 2012 Air Canada baggage handlers went on strike today cuasing airline to cancel flights.

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Departed Both the airline and the union have maintained they want to avoid a strike and federal Labour Minister Lisa Raitt has weighed in too, urging both sides to reach a deal or risk impacting Canada's economic recovery. Air Canada's unions agreed to a number of concessions when the company restructured back in 2004, but left the defined-benefit pension plans untouched. The Air Canada wildcat strike caused chaos for travelers at Canada's largest airport.
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Lufthansa said that it would enter talks with striking unions, including the Independent Flight Attendants Organization (UFO), which is locked in a dispute with the airline over its legal status. No problem – print it at a self-serve kiosk when you get to the airport.Air Canada Altitude is how we show our gratitude to our most loyal frequent flying customers. Returning to same location

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Opens in a New Window Air Canada says if its workers go on strike, the airports in Vancouver, Calgary, Edmonton, Winnipeg, Toronto Pearson, Ottawa, Montreal, Halifax and St. John's, NL will be affected.

Valid date format: two-digit day, two-digit month, then full four-digit year, each separated by a forward slash or space.


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