Posts Tagged ‘ Canada’s pensions ’

PRPP’s are on the way

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March 1, 2012
PRPP’s are on the way

. The move towards the new Pooled Registered Pension Plan is progressing. Many groups have been participating in discussions around the design of the new program and have been offering their ideas and suggestions to making the plan work. Some of the more notable websites following PRPP’s are included here: .   PRPP Canada...
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European Debt Crisis; Impending Catastrophe…

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July 12, 2011
European Debt Crisis; Impending Catastrophe…

  I received an email today from  Rob Viles. Rob is a concerned citizen and runs a successful business in Hamilton Ontario. Rob knows what it is like to be responsible for employees and the success of his business. Like many of us he is concerned about runaway debt and the impact it has...
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Teachers plan to repay McGuinty’s kindness… or bribery?

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June 19, 2011

  An article today comments that the teachers of Ontario are planning to use their taxpayer funded influence to try and re-elect McGuinty in the province of Ontario. There is a trend surging across North America and unions are not budging. The less flexible they are the harder are the forces coming to bear...
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Raise for Ontario police forces to cost taxpayers over $1 Billion

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June 15, 2011
Raise for Ontario police forces to cost taxpayers over $1 Billion

The true cost of the new wage deal for Toronto and OPP police officers is much higher than reported. Board ratifies 11.5% pay hike for police The raise for police in the new city contract brings salaries for officers to $83,800 per year, a raise of 11.5 percent. This means the salary before was...
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Canada Post goes Postal

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June 14, 2011
Canada Post goes Postal

  Canada is facing a postal strike that shows the extent to which taxpayers are getting hosed by government and quasi-government unions. There is an excellent article in the Montreal Gazette today Going postal: A look at the labour dispute Canada Post and CUPW. The article highlights the contract concessions that the union is...
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Guelph University must reform pensions

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June 2, 2011
Guelph University must reform pensions

There was an interesting article about the pension problems at the university. http://www.guelphmercury.com/news/local/article/538191–u-of-g-receives-pension-relief In an ever more competitive globalized economy there is an urgent need for Canada to produce high quality university graduates. Financial problems at the university stem from pensions that are unsustainable and are in dire need a permanent solution. The gold-plated...
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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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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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Scott Southward Analyzes – OECD Pensions at a Glance 2011

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May 12, 2011
Scott Southward Analyzes   – OECD Pensions at a Glance 2011

The OECD periodically researches pensions around the world. They do a broad scan of pensions and identify the emerging trends. This year in light of trends happening in Canada Scott Southward provides us with an analysis of the report and how it integrates with the trends that are happening in Canada. Scott is a...
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