Monthly Archives: April 2009

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April 22, 2009

Here is a classic from my favorite newspaper in Canada the St. John Telegraph. All taxpayers are suffering the same fate as those in St John. There is a constant demand for our tax dollars to go to fund the compensation packages of public sector employees. As this cartoon shows the highest expense for...
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Regina’s Pensions

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April 18, 2009
Regina’s Pensions

Heated discussions are flaring up over Regina’s pension predicament. There is concern and alarm over the huge shortfalls that taxpayers will have to fund. Taxpayers not only have the burden of covering the cost of their personal retirement shortfalls but in addition must pick up the cost of pensions for public sector employees. Last...
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The Heavyweights Step In!

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April 14, 2009
The Heavyweights Step In!

Today CARP, The Canadian Association of Retired Persons released a series of advocacy articles aimed at creating major pension reform in Canada. At initial glance there are certianly some very intersting proposals and ideas originating from the articles in this month’s CARP on-line forum. As Zoomers Pension Reform: the status quo is not an...
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Pension Primer – Some of the concepts explained

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April 2, 2009
Pension Primer – Some of the concepts explained

When I began to study pensions many years ago there were some concepts that I did not initially understand and were confusing but became clearer after I studied them in action. Pension Types In Canada there are two types of pensions. There are defined contribution plans and there are defined benefit plans. The best...
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