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Hello world!

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March 10, 2011

Welcome to WordPress. This is your first post. Edit or delete it, then start blogging!
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Tuitions rising over the cost of sky high salaries

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March 8, 2011
Tuitions rising over the cost of sky high salaries

 This picture is the scene in Thunder Bay over rising tuitions. I have been very busy the past few weeks writing with Lee Fairbanks our upcoming book on pensions. Our deadline for completion of the original manuscript is April 1st. Therefore I have not had much time to devote to my blog. There were...
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Leo’s Pension Pulse

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February 27, 2011
Leo’s Pension Pulse

My friend over at the Pension Pulse Leo Kolivakis has run a very successful and insightful pension blog since 2008. He always has very informative insights and discussions into the pension world.  I sent him an email yesterday that he had analyzed by the former Chief Actuary of the Canada Pension Plan (CPP), Bernard...
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The Pension Monster comes to Canada

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February 26, 2011
The Pension Monster comes to Canada

Like the great Ogopogo monster in the Okanagan Valley in BC there is a monster that everyone knows is out there but it is rarely ever seen.  Today the Pension monster surfaced in Montreal in an article from the Montreal Gazette. The article is  Island mayors to ask Quebec for pension relief Montreal Island’s...
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Weekend funnies

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February 26, 2011
Weekend funnies

Today’s headlines are so funny you have to laugh.  London Ontario -Police swell sunshine list by 68% Paramedics in Ottawa ecstatic over a salary increase of 13 % despite wage freeze in Ontario Disillusioned over 4.4% wage hike in Edmonton  St Albert – Councilors and employees approve themselves big wage increase In Regina out-of-scope...
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Ontario Hydro – Abusing Taxpayers

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February 23, 2011
Ontario Hydro – Abusing Taxpayers

It looks like electric rates are rising again in Ontairo. The OPG wants an increase of over 6%. They made the 6% look like a bargain as they originally were asking for a 9.6 per cent rate increase. Don’t be deceived about it being over green energy or a $18 Million fine they had...
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"Boot Camp" Examines Pension Cloud over Government Budgets

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February 19, 2011
"Boot Camp" Examines Pension Cloud over Government Budgets

Over the past week I was in California. It was  chance to get away and do some work writing for the upcoming book I am writing with Lee Fairbanks called Pension Plunder. I was invited to the Bootcamp by Jack Dean the publisher of Pension Tsunami. Jack works with California Pension Reform CFR and...
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Ontario Hydro a big shock for taxpayers

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February 11, 2011
Ontario Hydro a big shock for taxpayers

Ontario Hydro releases 2010 results. http://www.newswire.ca/en/releases/archive/February2011/10/c9885.htmlEvery year taxpayers in Ontario are made aware of how Ontario Hydro is being used by its employees as their personal piggy bank. Politicians and management refuse to stand up to the Hydro employee unions and in fact have promised to guarantee their gold-plated benefits and well into the...
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Great Canadian Pension Reform Debate and PRPPs

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February 4, 2011
Great Canadian Pension Reform Debate and PRPPs

In a recent edition of the Daily Reckoning the author Bill Bonner had this to say about fairness. And here’s another important point. Since more wealth is only interesting from a RELATIVE point of view…that is, it is only useful when it gives you higher status…a normal, healthy human being cares more about “fairness”...
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The future of pensions in Canada

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February 3, 2011
The future of pensions in Canada

  Recently Arnold Schwarzenegger spoke at the Montreal Board of Trade. An article about his event was posted in the Montreal Gazette I am a little bit unique. In his first comments he spoke about the pension issue. In California, public pension underfunding was pegged at about $50 billion, but analysis by university researchers...
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