Uncategorized

Will Pensions Bankrupt Newfoundland?

By
July 10, 2016
Will Pensions Bankrupt Newfoundland?

  NL Could Be First Province to Declare Bankruptcy: Bill Tufts Wednesday , May 18 2016 VOCM Radio  A warning today that Newfoundland and Labrador could be the first province in Canada to declare bankruptcy. The prediction comes from Bill Tufts, the founder of the group Fair Pensions For All. Tufts says the province’s fiscal situation is dire,...
Read More »

Some Pension Numbers

By
July 10, 2016
Some Pension Numbers

HOW BIG IS IT? A discussion on pensions is always hard because the numbers are so abstract. It is this difficulty to understand the size of the numbers that has allowed the public sector to create so much wealth for themselves. Pension Ponzi the book we wrote had this to say about pensions This...
Read More »

Teachers – Are they in it for the kids?

By
July 10, 2016
Teachers – Are they in it for the kids?

Teachers respond in droves: Key points left unchallenged or challenged without merit   National Post Howard Levitt Howard has written several articles covering the teacher compensation and pension issues Here is one you should read http://business.financialpost.com/executive/management-hr/teachers-respond-in-drove-key-points-left-unchallenged-or-challenged-without-merit
Read More »

Senate presentation on the CBC Pension

By
December 4, 2014
Senate presentation on the CBC Pension

We were invested to testify by the Senate  Communications and Transportation Committee who are looking into the financial sustainability of the CBC. Bill Tufts was in attendance with Gene Dziadyk actuarial consultant and principal of   Avenue D Consulting Company Below is a transcript of the opening address of our presentation to the Senate Committee....
Read More »

Regina’s Pension Mess – How a $200M shortfall became $ 1 Billion

By
November 28, 2014
Regina’s Pension Mess – How a $200M shortfall became $ 1 Billion

Regina’s Pension Mess The City of Regina recently announced they had fixed the city’s pension. We investigated and it was another plan that kicks the can onto Generation Screwed. Colin Craig the Prairies Director has worked diligently to bring the pension crisis to the attention of governments. We have followed the Regina pension for...
Read More »

Pension Crisis Showdown – Who Does it Best?

By
July 18, 2014
Pension Crisis Showdown – Who Does it Best?

Governments across North America at every level are having a pension crisis.  Very few elected officials are prepared to take the issue public and talk about the extent of the meltdown, it remains hidden from taxpayers. There are two Governors who are willing to meet the problem of pensions head on. In Illinois, Governor...
Read More »

Get the Real Story on the Ontario Pension Plan

By
May 30, 2014
Get the Real Story on the Ontario Pension Plan

The Ontario Pension Plan will be a disaster for Ontario You REALLY need to listen to this discussion as Chris and Redmond discuss the pensions plan and how it fits into the picture of the province’s finances.   Wynne Loses with the ORPP   Please visit Redmond’s website for lots of other great podcasts...
Read More »

Ontario Teachers: A Failure According to Wynne Government

By
May 16, 2014
Ontario Teachers: A Failure According to Wynne Government

Ontario Teachers: A Failure According to Wynne Government Guest Post by Chris Horlacher  Chris is the Vice-Chairman of the Mises Institute of Canada and an advisory board member of the Bitcoin Alliance of Canada. His company website is mycfoweb.ca. In a great essay, Lawrence Reed points out that government’s constant efforts to reform its...
Read More »

Corrupt cop retires and taxpayers get hooked

By
January 27, 2014

Corrupt cop retires and taxpayers get hooked A Hamilton police officer who was facing serious misconduct allegations retires to a massive taxpayer-funded pension.   http://video.thewhig.com/search/all/source/niagara-falls-review/corrupt-cop-retires-and-taxpayers-get-hooked/2890378448001
Read More »

Gareth visits Rick Howe to talk about Public Sector Pension Bailouts

By
December 15, 2013
Gareth visits Rick Howe to talk about Public Sector Pension Bailouts

In the past decade taxpayers have bailed out public sector pensions to the tune of about $100 Billion. As Rick says every show, “if you are not outraged you are not paying attention”. .    
Read More »