pension reform

Pension reform must come to Canada too!

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May 28, 2011
Pension reform must come to Canada too!

  One challenge I see is that Canada has not yet come up with a comprehensive report or plan on how to deal with the PS pension issue. It is straight forward and easy from where I sit. How can it be presented in a way that is easy to understand, focuses on the...
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Canada Post struggles under the burden of Legacy Costs

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May 20, 2011
Canada Post struggles under the burden of Legacy Costs

Courtesy: Women Who Dance With Frogs It looks like Canada Post is on its way to a strike. Lets hope is does not have major implications for your business. There is an excellent site that is keeping current information as the Canada Post negotiations progress. Info Post A interesting page at Info Post highlights...
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50 Things Everyone Should Know About The Collapse Of The Economy

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May 18, 2011
50 Things Everyone Should Know About The Collapse Of The Economy

Some pundits say we are already in a collapse of our current economic system. Only time will tell. But there sure are some scary signs out there of serious problems to come. Here is a thought provoking piece from Business Insider - 50 Things Everyone Should Know About The Collapse Of The Economy  ...
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Major changes to CPP not viable

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May 16, 2011
Major changes to CPP not viable

Everyone agrees that changes need to happen with Canada’s retirement system. The QPP (Quebec Plan) is only viable by adjustments to the penalties for taking an early pension. Much like the CPP changes introduced last year. Quebec made two major changes in this year’s budget. They increased the contribution rate by 8% over the...
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New contract for Toronto police unfair to taxpayers

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May 9, 2011
New contract for Toronto police unfair to taxpayers

  The City of Toronto has announced a new police contract that will be very costly to the city’s taxpayers. The National Post captured sentiments about the new contract well in their article What the #&^$: New contract for Toronto police. The contract is large but the true costs of it are hidden from taxpayers....
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Pension Bootcamp

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May 5, 2011
Pension Bootcamp

The California Foundation for Fiscal Responsibility is an organization committed to educating the public and key decision makers about California public employee retirement benefit issues and developing fiscally responsible solutions that are fair to employees, employers and taxpayers. I attended their Pension Bootcamp earlier this spring. Here is a video similar to the program...
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Ron Skolrood on changing retirement and pension benefits.

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May 4, 2011
Ron Skolrood on changing retirement and pension benefits.

2011-03-11 Ron Skolrood – changing retiree health benefits and pension benefits (Click here for audio) Ron Skolrood is a senior litigator who acts for clients in a broad range of matters, with a particular emphasis on contractual and other business disputes, pension and benefit matters. Ron has an excellent article on changing retiree benefit...
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You are not in Kansas anymore!

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April 26, 2011
You are not in Kansas anymore!

    The Canadian election is nearing completion and one of the big issues has been pensions. Steve Paikin covered the issue on his show, The Agenda. I have posted the video below. The show is an excellent discussion but completely neglected the 800 pound gorilla in the room… public sector pensions. Pensions have...
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A new roadmap for the future

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April 12, 2011
A new roadmap for the future

  As our book nears completion and the last details are put in place and polished up there is some apprehension about whether we have covered all the necessary material bases and whether the concepts that we have developed and the ones we have used are appropriate. It is nice to be vindicated with...
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Total government spending on Wages and Salaries

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April 5, 2011
Total government spending on Wages and Salaries

  In dong some research for my upcoming book I found some interesting statistics about the total cost of government employees. In 2010 the Province of Ontario spent $118 Billion. Of this amount $71.2 Billion went into the wages and salaries packet of provincial employees. This means that 60% of the total spending in...
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