Monthly Archives: March 2011

Is the Air Canada pension plan too rich?

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March 31, 2011

. In 2009 the Air Canada pension plans were short $2.9 billion despite the fact between 2004 and May 2009 the company had pumped $1.7 Billion into the plan. Now they are requesting money from Canadian taxpayers. With Ministers, high level officials senior government officials and Members of Parliament. All of whom have gold-plated...
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Ontario Teacher’s Pension to Hit the Wall in 2014.

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March 18, 2011

From the archives a member of the Ontario Secoundary School Teachers Federation (thanks Joe)    Despite hefty contributions and huge asset accumulations there is a crisis and it will hit in 2014 with a vengeance! Bill Tufts Fair Pensions For All
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Working on pension issues

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March 17, 2011
Working on pension issues

I have not had much time to be posting news to my blog. Does someone want a job? It is a very sad week for me as my brothers wife passed away unexpectedly yesterday. She was the mother of 5 boys. May she rest in peace and God be with my brother and his ...
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UK pension comparison

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March 16, 2011
UK pension comparison

Chart from Statscan 2007 Note: RRSP assets in Canada total about $700 Billion I received an excellent analysis and comparison of pensions in Canada and the UK. Bob Parsons had written to me in response to the blog I wrote about the Hutton pensions report that was released in the UK. There are big...
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Net worth continues to climb – but for whom?

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March 14, 2011
Net worth continues to climb – but for whom?

There was an article today in the Globe and Mail that shows that Canadians are still in deep trouble on household debt  Net worth continues to climbWealth in Canada continues to rebound from the great crash.  Overall household net worth increased 2.2 per in the fourth quarter to $6.2-trillion, following on the third quarter’s...
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Landmark Report on Public Sector Pensions

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March 11, 2011
Landmark Report on Public Sector Pensions

In the UK a special report on pensions looking into the sustainability of public sector pensions has been released. Pensions Commission Lord Hutton a former Labor minister in the UK released the report that shows that the current system of public sector employees pensions is not fair to taxpayers or adequate for employees in...
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Hello world!

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March 10, 2011

Welcome to WordPress. This is your first post. Edit or delete it, then start blogging!
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Tuitions rising over the cost of sky high salaries

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March 8, 2011
Tuitions rising over the cost of sky high salaries

 This picture is the scene in Thunder Bay over rising tuitions. I have been very busy the past few weeks writing with Lee Fairbanks our upcoming book on pensions. Our deadline for completion of the original manuscript is April 1st. Therefore I have not had much time to devote to my blog. There were...
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