Ontario Northland unions "rocked" by pension mismanagement.

PositionAROUND THE NORTH

Unions at the Ontario Northland Transportation Commission's (ONTC) want a public inquiry into provincial mismanagement of the Crown agency's employee pension fund.

Brian Kelly, spokesman for the General Chairperson's Association (GCA), representing the unions at the ONTC, wants Ontario's Finance Minister Dwight Duncan to "force his government to come clean as to who is truly responsible for the horrible mismanagement and underfunding of the pension plan."

In an Aug. 8 statement, Kelly said he was "rocked" by remarks made by Duncan July 19 at the Standing Committee on Estimates where he was quoted in Hansard notes as saying the pension fund has been "completely mismanaged" and played a part in Queen's Park's highly controversial move to divest itself of the publicly funded transportation and telecommunications entity.

The government's official stance...

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