Daily Archives: November 12, 2011

Swift and Tufts – Get ready to pay billions for hydro pensions

By
0
November 12, 2011

National Post Aug 31, 2011 Think hydro rates are outrageous now? By Catherine Swift and Bill Tufts Wonder why Ontario hydro rates are so high? There are many reasons for soaring electricity rates, but one that hasn’t received anywhere near enough attention is the very lavish pay and benefits of the hydro utilities’ staff....
Read More »

Op-ed – Cosy benefits at Canada Post: Time for taxpayers to strike

By
0
November 12, 2011

Chronicle Herald, Fredericton Jun 28, 2011  I read with interest the June 15 letter from the local CUPW union representative. It is unfortunate CUPW is suffering the same challenges as other government organizations that offer gold-plated pensions. Canada Post workers are rightly concerned about maintaining pensions and benefits that are out of control. For...
Read More »

Brandon University Pension Woes

By
0
November 12, 2011

Canadian Taxpayers Federation Colin Craig May 17, 2011 Public sector pension watchdog Bill Tufts recently crunched some numbers on Brandon University’s (Manitoba) pension woes. Bill copied the CTF in an email to the Brandon Sun…with Bill’s permission, I’ve reposted the email below. Unfortunately it sounds like the all too common a situation – gold plated...
Read More »

Don’t double down on a ‘Big CPP,’ CD Howe warns

By
0
November 12, 2011
Don’t double down on a ‘Big CPP,’ CD Howe warns

National Post June 9, 2011 … CPP needs to be shored up, not expanded As a target-benefit plan (rather than a true DB plan), in principle the CPP may not justifiably match its assets and liabilities, the institute says. Like struggling corporate DB plans or even individuals trying to save in RRSPs, the CPP...
Read More »

Time to reform public-sector pensions, city told

By
0
November 12, 2011

The Daily Gleaner, Fredericton May 30, 2011 By HEATHER MCLAUGHLIN mclaughlin.heather@dailygleaner.com   Is it time to undertake a complete reform of the City of Fredericton’s pension plan? The president of Fredericton’s Chamber of Commerce says yes. So does an Ontario-based pension advocacy group which has written to the city about reining in the growing...
Read More »

Public-sector pensions a Canada-wide problem

By
0
November 12, 2011

Montreal Gazette, Moncton News, March 4, 2011 Montreal not alone; ‘Taxpayers are starting to demand changes’ By DAVID JOHNSTON, The Gazette March 4, 2011 The pension-plan problems of Montreal Island municipalities reflect Canada-wide affordability issues with such public-sector plans that need urgent fixing, a Canadian pension reform advocate says. Taxpayers can’t afford current pension...
Read More »

Hydro’s Pension Plan

By
0
November 12, 2011

Montreal Gazette July 8, 2011  
Read More »

Op-ed Wages: good reason for uproar

By
0
November 12, 2011

Burnaby Now July 15, 2011 Dear Editor: You wrote a thought-provoking piece in the paper about salaries at city hall (100K club doubled since ’07, Burnaby NOW, July 8). When determining fair compensation, it is important to look at the total compensation package. This includes salaries, benefits and pensions. The total comp package at...
Read More »

Op-Ed: Election outcome clarifies retirement roadmap in Canada

By
0
November 12, 2011

Digital Journal May 4, 2011 The recent election in Canada focused on retirement security for Canadians. One plan was for enhancing the Canada Pensions Plan (CPP) and the other plan called the PRPP was introduced in December by the current government. The Government of Canada announced in mid December 2010 the new PRPP Pooled...
Read More »

Op-Ed: Pension crisis in the spotlight

By
0
November 12, 2011

Digital Journal Apr 26, 201 The Pew Institute released an updated report on the state of pensions in the United States. The problem is the same in Canada but goes unrecognized by taxpayers and politicians. The Pew Institute closely follows what happens with public sector pensions in the United States. Today on the Digital...
Read More »