Posts Tagged ‘pensions’
« Older Entries | Newer Entries »
Impacts of income volatility should be wake up call for policy-makers
The median household that suffered a loss saw its income decrease by 49 per cent year over year. That’s almost beyond comprehension… The main causes of income fluctuation… include ebbing and flowing work hours, self-employment and multiple sources of income. In other words, the new world of work. The main effects are obvious: financial stress, the inability to plan and save for emergencies let alone retirement, the relentless reality of falling further and further behind.
Tags: economy, featured, ideology, participation, pensions, poverty, standard of living
Posted in Policy Context | No Comments »
Encourage seniors to keeping working
For seniors, for the economy, for all of us, the government must adapt its policies to the changing demographic reality. The steps government has already taken, both by rolling back the age of eligibility for Old Age Security and beginning to expand public pension coverage, are a good start – but only a start – toward ensuring that older workers who want to retire can.
Tags: economy, ideology, participation, pensions, standard of living
Posted in Debates | No Comments »
It’s Time to Stop Subsidizing Canada’s Seniors
… the days of this country’s senior citizens living in penury is over, and it has been for quite some time. The poverty rate for seniors in Canada is just 6.7 percent, a figure that’s lower than just about every other demographic—most of whom are asked to subsidize said seniors with their own tax dollars… One particularly ripe piece of low-hanging fruit is the age tax credit, which was established in 1972 to help low-income seniors pay their bills but now amounts to little more than a $3.4 billion annual giveaway.
Tags: budget, disabilities, Health, mental Health, pensions, standard of living, tax
Posted in Child & Family Policy Context | No Comments »
Why the talk of saving the middle class has a sadly familiar ring to it
… this is not about entitlement. It’s about an expectation that used to be born from healthy economies that spur job growth and offer benefits to boot. By this I mean the “sustained, inclusive economic growth” … On-call shift work, precarious employment, depleting health care benefits from those employers who still offer them. Pensions? … The trickle-down economics argument didn’t hold water. Financialization won… Instead of reinforcing the idea of aspiration, we have gifted to the next generation uncertainty.
Tags: economy, featured, globalization, ideology, participation, pensions, standard of living, tax
Posted in History | No Comments »
Baby Boomers, please don’t retire just yet
… An across-the-board increase in the age of eligibility for government retirement programs will hit hardest at poor Canadians and Canadians in physically demanding occupations that aren’t easy to carry on beyond age 65… A better strategy is to make CPP and OAS far more flexible – so that the later you retire, the greater the benefits… All kinds of experienced people in their 60s and 70s want to keep working, whether part-time or full-time.
Tags: economy, featured, participation, pensions, standard of living
Posted in Debates | No Comments »
How Canada could actually become a world leader in pension innovation
Bill C-27, legislation to facilitate the offering of target-benefit (TB) pension plans… [which] integrates the best elements of the traditional DB and DC plans: an explicit target pension benefit; a recognition that long-term compounding of investment returns makes the target benefit affordable; and it offers fair and sustainable risk-pooling and clearly spelled-out property rights and obligations among the employer, employees, pensioners and the pension-management organization.
Tags: economy, pensions, standard of living
Posted in Debates | No Comments »
It’s time trade tycoons address the dark reality of globalization
Acknowledging that modern free trade produces losers as well as winners allows us to start developing and implementing policies to moderate those downsides – and purposely share the upsides. This means actively managing trade flows, limiting beggar-thy-neighbour trade surpluses, supporting incomes for all workers, ensuring sensible and fair exchange rates, and actively fostering domestic investment in desirable, trade-intensive industries.
Tags: economy, featured, globalization, ideology, participation, pensions, poverty, standard of living
Posted in Policy Context | No Comments »
More Wealth, More Jobs, but Not for Everyone
In China, farmers whose land has been turned into factories are making more steel than the world needs. In America, idled steelworkers are contemplating how to live off the land… Trade deals, immigrant labor, automation: As Mr. Arkenbout sees it, these are all just instruments wielded in pursuit of the same goal — paying him less so corporations can keep more. “When they don’t need me anymore,” he said, “I’m nothing.”
Tags: economy, featured, globalization, ideology, immigration, participation, pensions, poverty, privatization, standard of living
Posted in Policy Context | No Comments »
Recent Comments