Posts Tagged ‘pensions’
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Thursday, May 1st, 2014
… a new Ontario Retirement Pension Plan, similar to the Canada Pension Plan… will force Ontarians to contribute a portion of their paycheques if they don’t have a plan through their employer… The Ontario Child Benefit , which helps low-income families, will be increased from $1,210 a year per child to $1,310… $11 billion will be invested in repairing and building elementary and secondary schools over the next decade… [and] Another $11.4 billion will be spent on new and redeveloped hospitals
Tags: budget, child care, economy, Health, ideology, pensions, tax
Posted in Governance Policy Context | No Comments »
Tuesday, April 29th, 2014
There is probably no harm in writing provisions for target-benefit plans into the federal pension-standards law, but it’s a bandage on a wooden leg… The Canada and Quebec pension plans operate efficiently and serve the entire labour force. The provincial governments, which control the public plans jointly with the federal government, are already on board for expansion. A series of small, staged contribution increases with long advance notice should allow companies to adjust.
Tags: economy, ideology, participation, pensions, poverty, standard of living
Posted in Social Security Policy Context | 1 Comment »
Sunday, April 27th, 2014
The CPP is a world-class success. Its only shortcoming is that there is not enough of it to go around, because Ottawa has consistently refused to increase the amount of contributions — and thus payouts — needed to ensure a comfortable retirement for most middle-class Canadians… Replicating the CPP model also leaves open the possibility that federal and provincial governments could follow Ontario’s lead in future
Tags: budget, featured, ideology, jurisdiction, participation, pensions, standard of living
Posted in Social Security Policy Context | No Comments »
Thursday, April 17th, 2014
We need a mandatory, low-cost plan that provides Canadians with secure and predictable retirement incomes. It must be mandatory because we need to be disciplined. It must be low cost because otherwise our hard-earned retirement savings are frittered away in expenses and fees. And we need it to be secure and predictable because it’s hard to retire if we don’t know our incomes at retirement.
Tags: economy, featured, ideology, participation, pensions, poverty, standard of living
Posted in Social Security Debates | No Comments »
Thursday, March 27th, 2014
Building a new Ontario Pension Plan is worthy public policy. But is it a political winner? … Two-thirds of Ontarians worry about having enough money in their old age, and 86 per cent believe there is a retirement income crisis. About seven in 10 say employers are failing to deliver reliable pensions, and blame government for not doing enough.
Tags: ideology, pensions, poverty, standard of living
Posted in Social Security Debates | No Comments »
Saturday, March 15th, 2014
In North America, 400,000 Canadians lost their jobs and household income, while in the U.S. more than eight million workers were rendered jobless through no fault of their own… A clutch of celebrity financiers pushed the global economy over the edge. But there’s no law against that, also no vigorously enforced regulation and oversight, and it can’t be done without the acquiescence of a vast number of gullible people of all walks of life.
Tags: crime prevention, economy, globalization, ideology, pensions, poverty, privatization, standard of living, tax
Posted in History | No Comments »
Saturday, February 22nd, 2014
He acted as chairman of an extensive, two-year study: In From the Margins — A Call to Action On Poverty, Housing and Homelessness, released in 2009. It was cochaired by recently retired Conservative Senator Hugh Segal. Together with the other committee members they came up with 76 recommendations for improvements. Both have and continue to champion a guaranteed annual income, showing that, in the long run, such a plan will save Canada money.
Tags: ideology, pensions, poverty, Senate, standard of living
Posted in Social Security Debates | No Comments »
Wednesday, February 12th, 2014
… he has been the champion for measures like the Disability Tax Credit and the Registered Disability Savings Plan in previous budgets. This time around, he has found money for vocational training for people with autism and labour market agreements to help people with disabilities get the skills they need… he’s… done more than anyone to make life more affordable for some of the country’s most vulnerable citizens.
Tags: budget, disabilities, Health, mental Health, participation, pensions, poverty, standard of living, tax, youth
Posted in Inclusion Policy Context | No Comments »
Tuesday, February 11th, 2014
Veterans’ advocates are urging restraint as the federal Conservative government prepares to spend what could be hundreds of millions of dollars to commemorate the First and Second World Wars starting later this year… they oppose extravagant displays of pomp and ceremony at a time when they say many Canadian veterans are not getting the services and support they so desperately need.
Tags: budget, Health, mental Health, pensions
Posted in Governance Debates | No Comments »
Sunday, February 2nd, 2014
The debate pits pension certainty against political calculations. The plan must be actuarially sound but politically saleable. Wynne is musing, publicly and privately, about an “opt-out clause so people actually will have a choice.” But individual choice comes at an economic price: If pension plans are made voluntary, they risk attrition over time. Uncertainty over withdrawals inhibits pension fund managers from taking the long view to maximize investment returns.
Tags: economy, ideology, pensions, standard of living
Posted in Social Security Debates | No Comments »
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