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  • Statement by Minister Ali on addressing a surplus in the public service pension fund

    December 18, 2025 – Ottawa, Ontario – Treasury Board of Canada Secretariat

    The Honourable Shafqat Ali, President of the Treasury Board, made the following statement today:

    “The Government of Canada is committed to ensuring that the federal public service pension plan remains well-managed and sustainable, and fully guaranteed by the Government of Canada. As a result of strong market performance, the public service pension fund continues to be in a surplus position.

    Yesterday, in the House of Commons, I tabled the Special Actuarial Report on the financial position of the Public Service Pension Fund as at March 31, 2025, along with an update from the Chief Actuary of Canada. 

    Based on this report and update, I have determined that the pension fund is in a non-permitted surplus position, as defined under the Public Service Superannuation Act, with a funded position of 125.5% and an excess surplus of approximately $0.9 billion as at March 31, 2025. 

    In keeping with the act, the government will transfer the non-permitted surplus amount to the Consolidated Revenue Fund, where it will be held, along with the non-permitted surplus amount transferred last year, while next steps are considered. Discussions with stakeholders will be held as appropriate. Once the transfer is made, there will no longer be a non-permitted surplus in the fund.

    Budget 2025 introduced several proposed initiatives affecting the pension fund, including an Early Retirement Incentive program and an expansion of the Operational Service Early Retirement program. The Chief Actuary’s updated analysis reflects the estimated impact of these proposed initiatives. 

    Federal public servants continue to benefit from a healthy, sustainable, and secure pension plan that provides stable retirement income and reflects sound stewardship.”

    Quick Facts

    • The public service pension plan provides federal public servants with a lifetime retirement income based on salary, pensionable service, age, and reason for termination.
    • The employer and active pension plan members both contribute to the public service pension plan.
    • The public service pension plan is fully guaranteed by the Government of Canada. If the plan becomes underfunded for any reason, the government is required to transfer additional funds into the plan. From 2013 to 2018, the government made deficit payments totalling $2.8 billion, including interest.
    • In 2024, the federal public service pension plan had a $1.9-billion non-permitted surplus. The Government of Canada transferred the excess to the Consolidated Revenue Fund, and it is no longer part of the public service pension fund.
    • Under the Income Tax Act, all registered pension plans in Canada are subject to rules regarding the treatment of surpluses.
    • As per the Public Service Superannuation Act, a non-permitted surplus exists when the plan’s assets exceed 125% of its liabilities. The government must take action to bring the surplus below this threshold.
    • The Consolidated Revenue Fund is the account into which the Government of Canada deposits taxes and revenues and from which it withdraws funds to cover public expenses. Funds are deposited and withdrawn by the Receiver General for Canada.
    • Federal public sector pensions are not subject to collective bargaining per section 113(b) of the Federal Public Sector Labour Relations Act

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  • IVF Embryo Deaths Now Surpass Abortion Deaths

    IVF Embryo Deaths Now Surpass Abortion Deaths

    For years now, the leading cause of death in the United States has been abortion. Of course, it’s not reported like that—if you look up “leading cause of death,” you’ll read that it’s heart disease (680,981 lives lost in 2023),…

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  • City of Hoboken adopts North End Redevelopment Agreements advancing affordable housing, public open space, parking, and a citywide cycle network

    City of Hoboken adopts North End Redevelopment Agreements advancing affordable housing, public open space, parking, and a citywide cycle network

    Mayor Ravi S. Bhalla and the City of Hoboken today announced the adoption of four Redevelopment Agreements for the North End Rehabilitation Area, marking a major milestone in the long-planned redevelopment of Hoboken’s North End. The agreements, negotiated between Mayor Bhalla and Park Willow, LLC (Rockefeller Group), allow redevelopment projects at four sites to move forward delivering affordable housing, public open space, protected bike lanes, and a new municipal parking garage, and implement the amendments to the North End Redevelopment Plan recently adopted by City Council.  

    “This is a legacy project for me and for our community,” said Mayor Bhalla. “The Rockefeller sites have been an urban blight at our doorstep for decades. Now, together with Harborside Park currently under construction, the Rockefeller sites will provide a beautiful gateway entrance into our Mile Square City.  The work to thoughtfully plan the future of the North End began when I was serving on the City Council, and seeing this project now moving forward is truly historic. I am especially proud that these projects will deliver new affordable housing, expand public open space, and create safer, more sustainable ways for people to move through our city. I want to thank Director Chris Brown for his years of hard work and dedication, and our entire in-house planning team’s diligence and commitment to ensuring these agreements reflect Hoboken’s values and deliver real community benefits.” 

    “Rockefeller Group is pleased to partner with the City of Hoboken to help revitalize the City’s north end. By bringing a suite of community benefits and world-class design, we are excited to deliver a transformational project that we hope will become a source of civic pride,” said Phillip Golub Director of Northeast Development for Rockefeller Group.  “In addition to housing, the many planned public amenities demonstrate the value of public-private partnerships at their best. We thank Mayor Bhalla, the City of Hoboken and the City Council, for their thoughtful consideration and support of the redevelopment agreements and look forward to the work ahead.” 

    Fifth Ward Councilman Phil Cohen, who has served on the Community Development subcommittee for the last six years stated: “Approving these Redevelopment Agreements is a major accomplishment, reflecting years of planning, collaboration, and care.  The piles of rubble that greet Hoboken’s visitors at our northern border will be transformed into a thoughtfully designed mixed-use neighborhood, enhancing our waterfront park at Weehawken Cove and soccer field at 1600 Park, providing new public green spaces with world class vistas of the New York skyline, adding to a planned commercial corridor on 15th Street, and adding a municipal garage that will add much-needed parking, and a new source of parking revenue to offset future tax increases.” 

    Collectively, the redevelopment will encompass approximately 2.5 city blocks within the North End Redevelopment Plan Area, including the 1500 blocks of Willow Avenue and Park Avenue and a portion of the block south of 15th Street between Willow and Park Avenues. Together, the projects will deliver 729 residential units composed of both rental and condominium homes, with 73 units reserved as affordable housing. 

    The redevelopment agreements provide for a cohesive network of new publicly accessible open spaces, including linear parks, promenades, and plazas that will connect the North End to Harborside Park and the waterfront. More than 48,000 square feet of new public open space will be created, all subject to City design and review, and long-term public access and maintenance requirements. 

    Additionally, the redevelopment will deliver a new, 275-space municipal parking garage, which will be the first new municipal garage constructed in the City of Hoboken since 2003 and the only municipal parking facility ever created in uptown Hoboken. The garage will be leased by the City for long-term public use, supporting residents, visitors, and nearby businesses while advancing the neighborhood-focused, multi-modal redevelopment of the North End, with net revenues generated from the garage anticipated to be collected by the City. 

    A key element of these redevelopment agreements is the construction of a fully separated, and protected two-way cycle track along 15th Street, forming a critical link in Hoboken’s Green Circuit, a citywide bicycle network. The protected bike lanes will connect the western portion of the North End to Harborside Park and the waterfront, improving safety for cyclists while supporting the City’s Vision Zero goals of eliminating traffic deaths and injuries by 2030. 

    The redevelopment agreements also include over 38,000 square feet of ground-floor retail space, extensive street and streetscape improvements, and green roofs on each building for stormwater management. The City will also receive a $4 million community benefit payment as the projects advance through the approval and construction process.  

    The redevelopment agreements include over 48,000 square feet of public open space featuring linear parks, promenades, and plazas.  
    The projects also includes, streetscape improvements as well as a critical east – west connection for the Green Circuit, a citywide bike way along 15th Street.

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  • Media Advisory: Infrastructure Announcement in Vancouver

    Vancouver, British Columbia, December 18, 2025 — Members of the media are invited to an infrastructure announcement with Wade Grant, Parliamentary Secretary to the Minister of Environment and Climate Change, and Chief Jordan Spinks, Kanaka Bar Indian Band.

    Date: Friday, December 19, 2025
    Time: 10:00 a.m. PST
    Location: Bill Reid Gallery of Northwest Coast Art – Hummingbird Gathering Space
    639 Hornby Street
    Vancouver, British Columbia, V6C 2G3

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  • Pelvic Floor Physical Therapy Adherence Higher for Overactive Bladder Patients Without Concurrent Prescription Medication

    Pelvic Floor Physical Therapy Adherence Higher for Overactive Bladder Patients Without Concurrent Prescription Medication

    PITTSBURGH, Dec. 18, 2025 /PRNewswire/ — A new retrospective study published in the International Urogynecology Journal (DOI: 10.1007/s00192-025-06209-8) by researchers at Allegheny Health Network’s (AHN) Women’s…

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  • 4 ways to track 3I/ATLAS without a telescope as it makes its closest approach to Earth on Dec. 19

    4 ways to track 3I/ATLAS without a telescope as it makes its closest approach to Earth on Dec. 19

    Interstellar comet 3I/ATLAS makes its closest approach to Earth on Dec. 19. Here’s how you can track its progress both during the pass and as it races out of the solar system on its way to interstellar space, never to be seen again.

    3I/ATLAS was…

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  • Timothée Chalamet and Leonardo DiCaprio among 2026 AACTA International Awards nominees

    Timothée Chalamet and Leonardo DiCaprio among 2026 AACTA International Awards nominees

    Timothée Chalamet, Leonardo DiCaprio and Jean Smart are among the nominees at the 2026 AACTA International Awards

    Timothée Chalamet, Leonardo DiCaprio…

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  • Ford of Canada Fuels Electric Vehicle Training at Algonquin College

    Ford of Canada Fuels Electric Vehicle Training at Algonquin College


    Featured in the photo above, from left to right: David Young (Service Manager, Barrhaven Ford), Jeffery Newson, Katherine Root (Dean, Algonquin Centre for Construction Excellence, Algonquin College), Mistalyn Seguin (Director of Philanthropy, Algonquin College), AC alum “Stuntman Stu” Schwartz (Spokesperson, Barrhaven Ford), Shaun Barr (Chair, Apprenticeship Training, Automotive and Mechanical Trades, Algonquin College), Don Pidgeon (Shop Foreman, Barrhaven Ford), Mark Bonneau (General Manager, Barrhaven Ford), Tyler Stack (EV Specialist, Barrhaven Ford), Anthony Van Volkenburg (EV Sales Product Manager, Barrhaven Ford), and David Dhungana (General Sales Manager, Barrhaven Ford).

    OTTAWA, ON (Thurs., December 18, 2025) – Algonquin College is thrilled to share that Ford Motor Company of Canada, Ltd. has generously donated a Ford Mustang Mach-E to support learners in our automotive-based programs, particularly Automotive Service Technician and Motive Power Technician. Valued at nearly $60,000 CAD, this electric vehicle (EV) will serve as a key resource for practical demonstrations and hands-on exercises, giving learners direct experience with cutting-edge EV technology.

    Ford of Canada’s donation of the Mustang Mach-E comes at a pivotal time, as Ontario is preparing to roll out a new province-wide curriculum in automotive education that includes a significant amount of EV training.

    The growth of electric vehicle adoption is helping drive a cleaner, more sustainable economy, and Algonquin College plays a central role in training the region’s automotive professionals. The College offers diploma and apprenticeship programs that prepare learners to work in a range of automotive areas, including passenger vehicles, heavy commercial vehicles, and more. Hundreds of learners pass through these programs each year, earning skills and knowledge that accelerate their careers and strengthen local economies.

    “There are hundreds of thousands of EVs registered in Ontario, and more are being registered each year,” explained Jeffery Newson, Coordinator of Algonquin College’s Automotive Service Apprenticeship Programs. “The province looks to our graduates to be fully prepared to service EVs, and we’re ready to answer that call. Ford of Canada’s donation allows us to develop and deliver course material that helps learners become ready for real-world scenarios and succeed in this rapidly evolving industry.”

    Additionally, Ford of Canada, through the local dealership Barrhaven Ford, has committed to sponsoring the Algonquin College automotive team in the upcoming 2026 Skills Ontario Competition in Toronto. Automotive learners have excelled in past Skills Ontario competitions, bringing home four medals in three automotive categories, including gold in Auto Service Technology, at last year’s event.

    “We are deeply grateful for the support of industry partners like Ford of Canada to keep our programs current and relevant,” said Katherine Root, Dean of the Algonquin Centre for Construction Excellence (ACCE). “Keeping up with the rapid pace of technological innovation requires coordinated action. Providing gifts in kind—like this modern Ford EV—and sponsoring our students, that’s more than financial support—it’s how we ensure our learners get the training they need to become leaders in their fields.”

    Algonquin College is proud to partner with Ford of Canada, who has been a generous and committed supporter of our programs. Their investment in our learners help us drive prosperity and innovation in the National Capital Region and beyond.

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    Media contact

    Meg Fraser
    Communications Officer
    Algonquin College
    613-302-0138
    fraserm2@algonquincollege.com

    About Algonquin College

    The mission of Algonquin College of Applied Arts and Technology is to transform hopes and dreams into lifelong success. Algonquin College, an Ontario public sector community college, does this by offering hands-on, digitally connected, experiential learning in close to 200 programs. Algonquin College is the largest polytechnic institute in Eastern Ontario, with campuses in Ottawa, Perth and Pembroke, with fully online programming delivered through AC Online. 

    About Ford of Canada

    Ford of Canada’s operations include a national headquarters, three regional offices, three vehicle assembly and engine manufacturing plants, two parts distribution centres, two R&D sites, and three Connectivity and Innovation centres. Ford employs approximately 7,000 people in Canada, while an additional 18,000 people are employed in the more than 400 Ford and Ford-Lincoln dealerships across the country. For more information, please visit ford.ca. 

     



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  • FIA deepens engagement in the United States with participation in women with drive summit

    FIA deepens engagement in the United States with participation in women with drive summit

    FIA deepens engagement in the United States with participation in women with drive summit

    The Fédération Internationale de l’Automobile (FIA), the global governing body for motor sport and the…

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  • Governor Lamont Announces Funding To Establish New State Program Helping To Make Energy Efficiency Upgrades at Existing Homes

    Governor Lamont Announces Funding To Establish New State Program Helping To Make Energy Efficiency Upgrades at Existing Homes



    Press Releases


    12/18/2025

    Governor Lamont Announces Funding To Establish New State Program Helping To Make Energy Efficiency Upgrades at Existing Homes

    (HARTFORD, CT) – Governor Ned Lamont, chairman of the State Bond Commission, today announced that the commission voted at its meeting this morning to approve an allocation of $18 million in bond funding that will be used to establish the Housing Environmental Improvement Revolving Loan and Grant Fund – a new state loan and grant program that will assist in making energy efficiency upgrades at existing single-family and multi-family homes and helping residents generate savings on energy bills.

    Administered by the Connecticut Department of Energy and Environmental Protection (DEEP), this program will be used to help with the retrofitting costs of items such as the installation of more efficient heating and cooling equipment, building envelope upgrades, and other similar items that produce energy savings. The program will build on the success of DEEP’s most recent barrier remediation program, the Residential Energy Preparation Services program, which recently utilized all its available funding, removing hazards in dozens of homes, clearing the path for money saving efficiency upgrades.

    The establishment of the program and its related bond funding was authorized by the Connecticut General Assembly through Public Act 25-125, which Governor Lamont signed into law this summer.

    “Energy efficiency improvements are a huge part of the way that savings can be generated on energy bills,” Governor Lamont said. “One of the great things about energy efficient upgrades is that they help reduce costs and increase reliability for all ratepayers – not just the person installing an energy efficient upgrade – by reducing wasted energy across the electric grid. With this funding, we’re also removing barriers that prevent people from being able to install energy efficient upgrades. Everyone should be able to realize the savings that can come from installing energy efficient upgrades in the home. Altogether, these funds will help expand affordable housing in Connecticut by rehabilitating existing housing and integrating energy upgrades that lower utility costs, improve resident comfort, and extend building life.”

    “The Housing Environmental Improvement Revolving Loan and Grant Fund builds on DEEP’s commitment to addressing high utility costs for low-income residents,” DEEP Commissioner Katie Dykes said. “With housing and utility costs rising, this funding is essential to help residents and developers, who live in or own low income single and multifamily buildings, access weatherization and energy efficiency measures that can lower utility bills, increase comfort and safety, and keep housing costs affordable.”

    When the program begins, $12 million from this initial $18 million allocation will be used to provide loans for developers to install energy upgrades and retrofits in existing multifamily affordable housing, including but not limited to more efficient heating and cooling equipment and building envelope upgrades.

    The remaining $6 million will go toward removing barriers that prevent people in lower-income, single family homes from making their homes more energy efficient. Barriers include asbestos, knob and tube wiring, mold, and moisture. These barriers disqualify homes from state and federal weatherization and energy upgrade programs, as contractors are unable to move forward with energy audits, window and insulation installation, and other measures if such barriers are present. For example, in 2024, about 30% of Home Energy Solutions – Income Eligible units and 50% of Weatherization Assistance Program units were deferred due to health and safety barriers. Lower-income residents face the highest energy burden, or percentage of gross income spent on energy bills, and without funding for barrier remediation these homes cannot proceed with weatherization work and therefore are not able to improve their energy efficiency, which can save money on utility bills and increase home comfort.

    In 2024, DEEP compiled public input related to this funding through a request for informationwhere respondents highlighted gaps and challenges in the affordable housing energy efficiency space, such as lack of technical assistance, difficultly accessing financing, high costs, health and safety barriers, and market confusion. Additionally, DEEP held three Affordable Multifamily Stakeholder Roundtables in June that produced similar key takeaways and sparked the creation of an interagency working group to discuss coordination among their various affordable multifamily programs.

    The next steps in the establishment of the Housing Environmental Improvement Revolving Loan and Grant Fund include determining the process to recruit entities that can implement the program. DEEP hopes to solidify a process for entity selection by early to mid-2026, with the goal of initial program launch for both the grants and loans by end of 2026.

    Funding complements other recent efforts to reduce energy costs

    The funding and establishment of this program complement other efforts Governor Lamont has enacted recently to help reduce energy costs. These include:

    • Governor Lamont signed energy affordability legislation this year that will save ratepayers at least $300 million on their electricity bills over the next two years, and more in future years.
      • Public Act 25-173 was a collaborative, bipartisan effort to provide rate relief immediately and over the longer term to Connecticut residents and businesses facing costly utility bills.
      • Connecticut was recently recognized for its passage of Public Act 25-173 and Public Act 25-125 by the National League of Conservation Voters in its 2025 Clean Energy Report.
      • The $300 million includes savings to ratepayers of $125 million annually in each of fiscal years 2026 and 2027 by shifting hardship protection measure costs off electric bills to state bonds; and $30 million in savings in fiscal year 2026 and $20 million in fiscal year 2027 by shifting electric vehicle charging program costs off electric bills to state bonds.
    • Connecticut’s Conservation and Load Management (C&LM) energy efficiency programs, implemented by Connecticut’s utilities with oversight from DEEP and the state’s Energy Efficiency Board, continue to provide significant energy and bill savings benefits to ratepayers.
      • C&LM program investments in 2025 alone are expected to deliver $353 million in bill savings to Connecticut ratepayers over the lifetimes of the installed efficiency measures.
      • In 2025, an individual Connecticut resident participating in the home energy assessment program through EnergizeCT is expected to receive an average incentive of $1,129, which will result in $2,068 average lifetime bill savings.
      • Overall, C&LM programs returned $2.38 in benefits for every $1 invested from 2022 to 2024. Benefits are anticipated to increase to $3.30 for every $1 invested in 2025-2027.

    Gov Lamont masthead

    Twitter: @CTDEEPNews

    Facebook: DEEP on Facebook


    Contact

    DEEP Communications  
    DEEP.communications@ct.gov
    860-424-3110


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