As the Canadian economy has come to a near standstill, public equity markets have declined sharply and interest rates have dropped. This has caused sudden unanticipated and significant financial hardships for defined benefit (DB) and defined contribution (DC) registered pension plans, along with other common types of employer-sponsored retirement savings plans in Canada.
pension and employment rules
The Canadian Hockey League Players' Association has applied to seek certification as a bargaining agent for the Cape Breton Screaming Eagles players. It criticizes the working standards for the junior players including alleged violations of labour, pension and employment rules and states that it is looking for minimum wage for the teams.