Flaherty announces steep increases to MP pension contributions Add to ... CTV News Published Thursday, Oct. 18 2012, 2:37 PM EDT Last updated Thursday, Oct. 18 2012, 3:18 PM 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: The strategy behind the Hydro One sale Report: Aging population contributes to declining rate of startups Bloomberg terminals black out GE swings to quarterly loss Market Call Tonight: Top picks from Avenue Investment’s Paul Harris Segway snapped up by Chinese rival Should investors have a problem with dual-class shares? Does a balanced budget matter? Netflix subscriber numbers soar Germany says 'don't bank on' Greek bailout deal Market Call Tonight: Top picks from ScotiaMcLeod’s Mike Newton Interest rates, the Bank of Canada, and the trauma of the oil shock Is Toronto too prudish for Ashley Madison? Draghi interrupted by confetti-throwing protester Target employees say goodbye with viral video Market Call Tonight: Top picks from Horizons’ Don Vialoux Chinese economy shifts into lower gear Condo falling apart? Here’s what you’re covered for Why Bell Canada is in trouble with the privacy commissioner Why you should tap an introvert for your next CEO 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?