127 results found for "guaranteed annual income"
Intelligence Memos
From: Joe Nunes To: Ontario Defined-benefit Pension Holders Date: January 25, 2021 Re: Replacing Ontario’s Pension Benefits Guarantee Fund Ontario’s Pension Benefits Guarantee Fund (PBGF) is up for review before May 2021.  The PBGF is designed to provide protection to Ontario members of most defined-benefit pension plans when a plan is wound-up and there are insufficient…
Intelligence Memos
From: Glen Hodgson and Diana Smallridge To: Reconciliation observers Date: January 17, 2024 Re: Unlocking Indigenous financing: are loan guarantees the answer? The federal government’s recent Fall Economic Statement included a commitment to establish a loan guarantee program to foster Indigenous equity ownership in major natural resource sector projects. This offers clear…
Intelligence Memos
From: James Pierlot To: Ontario Ministry of Finance Date:  February 11, 2021 Re: Ontario’s Pension Benefits Guarantee Fund: A Practical Way Forward       The only sub-national pension guarantee fund in the world, Ontario’s Pension Benefits Guarantee Fund (PBGF) has survived 40 years, providing a limited guarantee for Ontario members of some underfunded defined benefit (DB…
Intelligence Memos
From: Sharleen Gale and Niilo Edwards To: The Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance Date: June 8, 2023   Re: The Case for a National Indigenous Loan Guarantee Program   Advancing major resource projects is essential for both a successful energy transition and growing the economy to benefit all Canadians. Governments need to…
Intelligence Memos
To: The Department of Finance From: David Losier Date: April 6, 2020 Re: Government guaranteed “ready for business” cash flow loans Many economists are predicting a V-shaped recession, deep and temporary. Fact is, the V will probably be a lopsided U, a sharp downturn followed by a flat line and a sloping recovery. The longer it takes to give a green light to business as usual, the longer the flat…
Intelligence Memos
  From: William B. P. Robson To: Canada's Pension Regulators Date: February 9, 2018 Re: Ontario’s Latest Turn in the Vicious Circle of Government Pension Guarantees The trauma of pensioners left short when the sponsor of an underfunded plan goes bust prompts regular calls for government pension backstops. In Ontario, the only Canadian jurisdiction with such a program, these…