Over the past two decades, both here in Canada and in other countries, the baby boomers have been nearing the end of their working years. This is important because people tend to save more as they approach retirement.
It states that: Credit reporting systems should have relevant, accurate, timely and sufficient data – including positive – collected on a systematic basis from all reliable, appropriate and available sources, and should retain this information for a sufficient amount of time. Achievement of this principle will call for the collective contribution of all parties here today.