Archive for the ‘Debates’ Category

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Capitalism is dead. Long live good-ism [income and poverty measures over the past 10 years.]

Thursday, October 29th, 2009

NationalPost.com – News – Capitalism is dead. Long live good-ism  
Published: Thursday, October 29, 2009.   William Watson,  National Post

TV Ontario has asked me to go on a panel to discuss whether capitalism needs to be rebranded. I assume they don’t actually want us to talk about branding. Anyone sensible loathes the whole idea of branding. Branding is just PR. Not what your product actually does, but how you get people to get a warm feeling inside about what you can persuade them to believe it does.

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New government pension plan not necessary [pensions]

Thursday, October 29th, 2009

NationalPost.com – fpcomment – New government pension plan not necessary: A massive redesign of Canada’s pension plan system could introduce new risks and is simply not required
Posted: October 28, 2009.   By Frank Swedlove

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`It’s impossible to protect everyone’ [pensions]

Thursday, October 29th, 2009

TheStar.com – Business – `It’s impossible to protect everyone’: Ottawa’s pension changes `modest’ compared to Ontario’s post-retirement woe, says premier
Published On Thu Oct 29 2009.   Robert Benzie Queen’s Park Bureau Chief

The Ontario government will introduce pension reforms next month, but Finance Minister Dwight Duncan says the province also hopes to tackle broader challenges facing retirees.

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Recovery seen in peril as growth stalls

Thursday, October 29th, 2009

TheStar.com – Business – Recovery seen in peril as growth stalls: Report argues that federal government should pump more money into fixing roads, bridges to create jobs
Published On Thu Oct 29 2009.  Madhavi Acharya-Tom Yew, Business Reporter

The Canadian economy is still stuck in neutral and recovery is far down the road, according to a report set to be released Thursday by the Canadian Centre for Policy Alternatives.

The federal government needs to deliver on stimulus pledges and continue spending to support the economy, the group said.

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Flaherty fiddles with pensions

Wednesday, October 28th, 2009

NationalPost.com – FP Opinion/Columnists – Flaherty fiddles with pensions
Published: Wednesday, October 28, 2009.   Terence Corcoran, Financial Post

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Tories unveil pension reform plan

Wednesday, October 28th, 2009

TheStar.com – Business – Tories unveil pension reform plan: New rules for private firms to cut volatility and protect members
Published On Wed Oct 28 2009.   Les Whittington, Ottawa Bureau

OTTAWA–Facing mounting concern about the state of public pensions, Finance Minister Jim Flaherty Tuesday proposed reforms to pension plans at federally-regulated companies.

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Federal parties square off on pension reform

Tuesday, October 27th, 2009

TheGlobeandMail.com – Federal parties square off on pension reform: Liberals vow they would take a more activist role and expand CPP, Tories warn of spiralling costs
Published on Monday, Oct. 26, 2009.  Last updated on Tuesday, Oct. 27, 2009.  Steven Chase, Ottawa

Federal political parties are scrambling to stake out turf in the debate over the retirement savings crisis, with the opposition Liberals vowing they’d take a more activist role than the Harper government and Conservatives warning against costly new schemes.

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Carney reads Riot Act to bankers blind to truth [squandering public bailouts and ultra-low interest rates on extravagant bonuses]

Tuesday, October 27th, 2009

TheStar.com – Business – Carney reads Riot Act to bankers blind to truth
Published On Tue Oct 27 2009.   By David Olive Business Columnist

Central bankers are rarely sharp-tongued. But the frustration of regulators over corporate bankers’ continued failure to “get it” boiled over Monday when Mark Carney, governor of the Bank of Canada, read them the Riot Act.

The hard-won return to banking stability brought about by an unprecedented effort among world governments has had little if any effect on the bankers’ mindset, Carney said in a Montreal speech.

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Ottawa to take action on pension funds

Monday, October 26th, 2009

TheGlobeandMail.com – News/Politics – Ottawa to take action on pension funds:  Bill would alter tax policy so companies could set aside greater surpluses, protecting employees’ retirement plans from ‘rainy day’
Published on Monday, Oct. 26, 2009.  Last updated on Monday, Oct. 26.  Steven Chase and Jacquie McNish, Ottawa and Toronto

The Harper government is looking at overhauling tax law to encourage bigger pension-fund surpluses, as part of a series of reforms to the country’s crumbling pension regime to be introduced this fall.

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A sweet deal for grandpa [pension reform]

Monday, October 26th, 2009

NationalPost.com – Opinions/Editorial – A sweet deal for grandpa
Posted: October 26, 2009.

We’re generally reluctant to take New Democratic policy proposals seriously. But we’ll carve out an exception for Jack Layton’s newly announced plans for pension reform. Public retirement-savings schemes are, by definition, socialist exercises in intergenerational wealth redistribution — a field in which the NDP has some claim to expertise.

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