|

Tax-free savings accounts give wealthy access to poverty benefit: study

Tuesday, October 25th, 2011

Oct. 23, 2011
Wealthy Canadians are getting access to a retirement benefit that was intended for the elderly poor, suggests a new report on the country’s retirement-security system… Tax-free savings accounts, or TFSAs, allow Canadians to save up to $5,000 each year with all earnings and withdrawals exempt from taxation. FSAs also come with another big plus: none of the money counts when determining whether the account-holder is entitled to a retirement benefit for low-income seniors.

Posted in Social Security Debates | No Comments »


Canada ranks last in freedom of information: Study

Sunday, January 9th, 2011

Jan. 09, 2011
The study by a pair of British academics looked at the effectiveness of freedom-of-information laws in five parliamentary democracies: Australia, New Zealand, Ireland, the United Kingdom and Canada… “Canada comes last as it has continually suffered from a combination of low use, low political support and a weak Information Commissioner since its inception.”… Ms. Legault’s office also suffers from a chronic lack of resources, creating backlogs, while the law does not give her the power to order the release of documents.

Tags: , ,
Posted in Governance Delivery System | No Comments »


|