People Corporation Appoints Eric Stefanson to its Board 

Mr. Stefanson joins the Board with almost 40 years' experience in government, industry and public practice, including extensive experience in a director capacity. Mr. Stefanson is currently a member of the Board of Directors for The North West Company (Chair of Audit Committee), Via Rail Canada (Interim Chairman), FWS Holdings Ltd. (Chair of Audit Committee), PGNX Capital Corp. (formerly Paragon Pharmacies Limited), as well as Chair of the Investment Committee of the Winnipeg Civic Employees' Benefits Program.

His private sector experience includes being the Managing Partner of the Central Canada Region for BDO Canada LLP Chartered Accountants and Advisors. In addition, he held senior finance and operating roles with Assante Corporation, including the roles of Chief Financial Officer and Managing Director, Finance and Planning for Assante Canada, and Chief Operating Officer for Assante Asset Management Ltd.

Mr. Stefanson has also spent many years in public service. He served in prominent roles in the Manitoba government that included Minister of Health and Deputy Premier, Minister of Finance and Chair of Treasury Board, Minister of Industry, Trade and Tourism and Minister responsible for Sport. Mr. Stefanson was also a Winnipeg city councillor and served as Deputy Mayor.

About People Corporation

People Corporation is a leading employee benefits, group retirement and human resource consulting firm in Canada. With a growing national footprint and fourteen offices across seven provinces, the Company is bringing together the leading consultants in the industry, offering innovative and customized human resource, benefit and pension solutions to its clients. Additional corporate information is available at www.peoplecorporation.com.

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In this BLOG we will look at pensions and their impact on what are called Public Private Partnerships or P3’s.  IT will also deal with other pension matters, such as Defined Contribution Plans (DC) vs Defined Benefit (DB) PLANS, the weakness in private plans, the need for pension reform in public pensions to have shareholder rights, directorships and ethical investment directives and policies