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Regulations

Viewpoint – A new paradigm for retirement

In its 2012-2013 Budget, the Canadian government announced its intention to gradually raise the age of eligibility for Old Age Security benefits from 65 to 67. Future generations will surely come to see this as a timid adjustment measure. If life expectancy keeps rising as expected, government policies in this area will need to be guided by a new paradigm for retirement.

The proposed alliance between Air Canada and United Continental

Traditional airlines have had a lot of trouble remaining profitable over the past decade. In order to cut costs, they formed partnerships to coordinate ticket sales, flight schedules and baggage handling among other things, while simplifying connections. This need to reduce costs has become even more crucial with recent increases and constant fluctuations in the price of oil and with the greater competition stemming from the arrival of a large number of "low-cost" carriers onto the market.

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