306 results found for "guaranteed annual income"
Op-Ed
Has anyone ever looked at their paycheque and said, “I sure wish they’d take more of my money”? That was the question posed by federal Opposition Leader Rona Ambrose Monday as federal and provincial finance ministers met in Vancouver to discuss proposals to expand the Canada Pension Plan. In the end, they agreed on a sizable expansion of the CPP. Is this what Canadians really want? I honestly…
Op-Ed
In the Tuesday, May 13, 2008 edition of the Toronto Star, reporter James Daw cites the findings of Finn Poschmann, Director of Research at the C.D. Howe Institute and Jon Kesselman of Simon Fraser University in an article on how RRSPs and pension plans can deprive seniors of low-income benefits. Poschmann states that by contributing to a traditional RRSP, a senior could lose 50 cents per…
Op-Ed
In the fall of 2020, barely noticed amid the stresses of COVID-19, Canada’s economy passed a peculiar milestone. Residential investment surpassed all other business investment — more than for nonresidential structures, machinery and equipment, and intellectual property products combined. That was unprecedented. As recently as the early 2000s, it would have been inconceivable. As a nation, we risk…
Intelligence Memos
From: Barry Gros To: Canada’s pension regulators Date: November 5, 2020 Re: Is it too late to change the conversation on target benefit plans? Why is it that when I’m in conversations about the viability of target benefit (TB) pension plans I keep hearing that “contribution adequacy” or “contribution sufficiency” seems to be the primary concern? I’ve been following the…
Op-Ed
Governments around the world are responding to the COVID-19 crisis with myriad measures – additional resources for health care, supports for individuals and businesses, tax deferrals and public health edicts that have slowed or stopped activity in many sectors of the economy. One common consequence of these measures is that governments need massive amounts of money, both to finance the deficits…
Intelligence Memos
From: Mark Zelmer To: Bill Morneau, Minister of Finance Date: April 2, 2020 Re: Managing the Economic Consequences of the Coronavirus Pandemic The social distancing intended to slow the spread of the coronavirus has shut large segments of the Canadian and global economies, disrupting the ability to produce, consume and pay for goods and services. High uncertainty about how…