Flaherty announces steep increases to MP pension contributions Add to ... CTV News Published Thursday, Oct. 18, 2012 2:37PM EDT Last updated Thursday, Oct. 18, 2012 3:18PM EDT MP pension contributions nearly quadruple, but Finance Minister Jim Flaherty says planned changes won't take effect until after the next election Watch More Video: Four ways to form good work habits that actually stick A sneak peek at the Canadian International Auto Show Ugandans get the taste for coffee Google defends its U.K. tax bill Market Call Tonight: Top Picks from Davis Rea's John O'Connell JetBlue gets into venture capital Sweden's rate cut sparks talk of 'panic' Market turmoil: is this another 2008? Cenovus cuts more jobs, slashes payout, spending Rio Tinto flinches amid commodities pain What to consider before opening a joint account Global stocks tumble as economic uncertainty intensifies South Korean companies start Kaesong pull out Yellen keeps rate hike options open Twitter changes its timeline Legal breakthrough for Google's car Is the U.S. headed for recession? Will sugar tax sour business? How sick are Europe's banks? Market Call Tonight: Top Picks from GlobeInvest's Christine Poole Comments AA More Related to this Story Video: Opposition braces for budget bill round two Streetwise Video Streetwise Video: Is Flaherty right about Europe's banks?