Monthly Archives: January 2012

The Live Drive with John Tory

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January 16, 2012
The Live Drive with John Tory

    John is joined by Bill Tufts, the author of “Pension Ponzi,” to talk about the fate and sustainability of pensions in Canada  Click here to see the podcast  
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Montreal pension crisis

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January 16, 2012
Montreal pension crisis

The City of Montreal and surrounding suburbs are dealing with a pension crisis. Costs for pensions have risen in Montreal from over $130 million in 2005 to over $600 million today. The mayor has made a firm commitment to create a long term solution to the problem and bring some sanity back to the...
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Tommy Schnurmacher – CJAD 800 Montreal

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January 12, 2012
Tommy Schnurmacher – CJAD 800 Montreal

Bill talks to Tommy about the new book             Check out the interview in the links below   Part One Click Here – Tommy Part Two Click Here - Tommy Two Part Three Click Here – Tommy Three      
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Courage is needed to tackle far-too-generous pensions

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January 10, 2012
Courage is needed to tackle far-too-generous pensions

      Montreal Gazette – By BILL TUFTS and LEE FAIRBANKS, January 7, 2012 The Gazette has told its readers that one of the biggest fiscal challenges facing Quebec in the new year is the high cost of municipal employees’ pensions (“It’s time to take action on municipal pensions,” Editorial, Dec. 30). The...
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John Ivison: Public pensions a fat target for Conservatives

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January 10, 2012
John Ivison: Public pensions a fat target for Conservatives

John Ivison – Jan 5, 2012 The Harper government is said to be considering a restructuring of federal civil service pensions in the upcoming budget — reforms that could save taxpayers hundreds of millions of dollars a year. Specifics are thin, and any reforms would face legal and legislative barriers. But sources say there...
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Pension troubles in store for retired workers as plans across Canada face deficits

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January 10, 2012
Pension troubles in store for retired workers as plans across Canada face deficits

Kenyon Wallace Toronto Star, Hamilton Spectator, Published On Mon Jan 09 2012 When Ellen Sargent took a job as a purchaser with the City of Saint John in New Brunswick 26 years ago, she didn’t expect that living below the poverty line when she retired would become a possibility. Like most municipal employees across...
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Prichard’s pension crisis may come to you

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January 10, 2012


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Pension Ponzi – Buy The Book

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January 6, 2012
Pension Ponzi – Buy The Book

Click Here to Purchase Pension Ponzi Pension Ponzi written by Bill Tufts and Lee Fairbanks was released in the fall of 2011. It is on it’s way to becoming a best seller and has been at the top of its Amazon category lists for the past two months.  
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Wall Street Journal – Why Public Pensions Are So Rich

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January 4, 2012
Wall Street Journal – Why Public Pensions Are So Rich

    Bob Plamondon is a policy expert and author from Ottawa. He wrote an excellent article today in the Globe and Mail called Look in the mirror, MP’s, before reforming pensions. Andrew Biggs is a leading pension reform expert in the US. I have followed him for sometime and he always has good...
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