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Louvre Heist: Police Close In on Suspects, But Stolen Treasures Remain Missing

                    A tiara adorned with pearls worn by French Empress Eugenie was among the items stolen by thieves French authorities are tightening the net around the suspects behind the daring Louvre heist, but experts warn that the priceless artworks may never be recovered. Investigators believe they are close to identifying and apprehending the group responsible for the theft, which has shaken the art world and raised questions about museum security. Yet, recovering the stolen pieces poses a far greater challenge. Stolen masterpieces often vanish into the shadows of the black market, where they are traded privately or used as collateral in criminal dealings. Art crime specialists note that once such works disappear, they are rarely seen again in public. “The thieves may be caught, but the art is likely already hidden, sold, or damaged,” one expert explained. For now, the Louvre remains open, but under heightened secur...
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New CPP rules mean higher deductions and benefits for Canadians



Starting Monday, Canadians will see a change in their paycheques as the Canada Pension Plan (CPP) introduces a new earnings ceiling for higher-income earners.

The new ceiling, which applies to anyone earning more than $68,500 in 2024, is part of a broader pension revamp that began in 2019. The goal is to provide more financial support for Canadians after they retire, by increasing both the contributions and the benefits of the CPP.

Under the new rules, workers and employers will pay an additional four per cent on the amount they earn between $68,500 and $73,200. This means a maximum of $188 more in payroll deductions for 2024. Self-employed people will pay both portions, or eight per cent.

The trade-off is that Canadians will eventually receive higher payouts once they start collecting their pensions. The enhanced CPP is designed to replace one-third of a person’s eligible income, up from one-quarter under the old system.

The full effects of the CPP changes will take decades to materialize, so the youngest workers stand to gain the most. People retiring 40 years from now will see their income go up by more than 50 per cent compared to the current pension beneficiaries.

The CPP changes do not affect the eligibility criteria for retirement pension, post-retirement benefits, disability pension and survivor’s pension.


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