Pensioners to sue Bank of Canada

Canadian pensioners look set to go to court in a bid to wring up to $42 million out of the Bank of Canada, Canadian Press reported. It is alleged the bank misused their pension trust fund since at least 1993.

Members of the Bank of Canada Pensioners' Association said Friday they have asked Ontario Superior Court to grant class-action status against their former employer, the report said.

They accuse the central bank of misusing their pension trust fund since at least 1993 by requiring about $12

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