(Its pension plan has a staggering $8.1-billion solvency deficit, which the government has allowed CPC to temporarily suspend.)

That is bad news for employees and pensioners. The first pension deficit that I was involved with was $6 billion (1980 dollars) with the public service pension plan. An ad and editorial blamed it on the high cost of indexing pensions. That lives on to the detriment of public servants, always accused of their pensions being high cost, and to the detriment of many pensioners in the private sector where pensions are not indexed (because of high cost).  A look at the actuarial report showed that the deficit was due to under funding. The cost was only 4.7% of salary. However despite warnings from their actuaries, the government deposited  just 2% of salary.  When the deficit hit $6 billion, a misleading ad was published and editorials and a constant stream of articles. Indexing was expensive. Nonsense. Under funding. Pensioners live with that now.