Fair Pensions


Getting the Numbers Straight

October 29, 2009
Getting the Numbers Straight

There is a wide commentary on pension reform in Canada. One report says that the catalyst for the interest in pension is based on the protest by Nortel workers last week in Ottawa. The article called Canada’s pension system is in play cited 4,000 protesters in Ottawa to protest the bad deal the Nortel...
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Winning the Pension Lottery

October 20, 2009

Please note: The figures quoted in this Blog are based on current actuarial estimates for full pension eligibility. There may be factors that will create minor changes to any individual’s actual final numbers. New President at McMaster University. This position is a very important role. It is important because universities are one of the...
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Paying the consequences – Big Debt Brag

October 5, 2009

The Canadian Taxpayers Federation released a report about the consequences we will have to pay for the action of our governments today. Big Debt Brag? Canada’s Debt 22nd Worst in OECD! Kevin Gaudet wrote and excellent piece that should be a wake-up call for all governments. Lets hope they listen.There are many implications of...
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The Lid Blows OFF in Alberta

October 3, 2009
The Lid Blows OFF in Alberta

Over the past couple of weeks in Alberta there have been several new reports on the compensation packages of senior government officials. The compensation levels for many public sector employees at the top have been skyrocketing. As in all Canadian provinces the biggest spending areas in Alberta are Healthcare taking 36% of the provincial...
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The Pension Crusades

September 27, 2009
The Pension Crusades

Activity has started up on the pension front as the fall begins. The summer was a little slower as everyone took a well needed break from what had happened in the economy over the past year. Last week on a personal level there were some successes in the pension crusade and some disappointments. A...
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The High Cost of Government

September 18, 2009
The High Cost of Government

In the Vancouver Sun today there was an article today from Veldhuis at the Fraser Institute. He notes that in BC the Finance Minister pointed out in a speech, “provincial health spending has risen by 45 per cent” since 2002. And that there was a 4.9-per-cent increase over last year’s total spending of $38.3...
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Supplementary Plans and Pension Shortfalls in Alberta

September 14, 2009
Supplementary Plans and Pension Shortfalls in Alberta

Alberta and the rest of the Western Premiers are Pushing for new Pension Plan It is a great idea but how will it be funded? The Fraser Institute figures that already we work more than 5 months before we start to save money for ourselves. How can we save more money for the Supplementary...
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Pensions battle for profits

September 12, 2009
Pensions battle for profits

Earlier in the week my Pension Socialism blog touch on the large ownership interests that pension have in our country. One of the threats that I see is the large pools of capital that are being accumulated and invested by public sector pension plans. They love monopoly or oligopoly type investments. Profits are high...
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The Socialism of Pension Funds

September 9, 2009

Some of my earliest research into pension funds led me to the writings of Peter Drucker. He envisioned in the 1970′s that a move towards power in the hands of the worker through their ownership of the means of production. This ownership would be controlled by worker’s pensions. The 1970′s were the beginning of...
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Unions have the spotlight for Labour Day

September 8, 2009
Unions have the spotlight for Labour Day

Labour Day is a good time to remember the workers in our society who are the backbone of Canada. There have been many songs dedicated to the average on the street worker. We like to think of labour as the type of worker personified in the Garth Brooks song – American Honky Tonk Bar...
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