12 results found for "guaranteed annual income"
Intelligence Memos
From: Kevin Milligan To: Jean-Yves Duclos, Minister of Families, Children and Social Development Date: July 4, 2016 Re: Dare to dream, but do the math Minister, in your former academic life you wrote many papers exploring the benefits of placing Canada’s income transfers into one package—sometimes called a ‘Basic Income’ or a ‘Guaranteed Minimum Income’. You are aware of the possible advantages…
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
What returns can we earn on our saving? In planning for retirement, few questions matter more. Project prudently and all should be well; count on a bonanza that falls through – not so good. What is true for individuals is true for pension plans. Those that forecast conservatively and back their obligations well tend to pay what they promise; those assuming turbo-charged returns to fund rich…
Intelligence Memos
From: Bob Baldwin To: Legislators and Public at Large Date: December 19, 2016 Re: In the “DB” pension plans versus “DC” debate, TB plans have plenty of appeal Advocates for pure defined benefit (DB) pension plans have criticized Bill C-27 which would allow federally regulated employers to replace their defined benefit plans with target benefit plans. I too share a preference for DB, but I also…
Intelligence Memos
From: Livio Di Matteo and Colin Busby To: Ministers of Finance and Health Canada Date: July 20, 2016 Re: Why Ottawa Should Resist Provincial Calls for More Health Dollars High on the agenda of this week’s premiers meeting in Whitehorse is whether to demand more federal cash in negotiations over a new health accord. The prior 2004 health accord delivered federal health transfer growth of 6…
Intelligence Memos
From: Bill Robson To: Retirement savers, employers and pension plan administrators Date: 21 June 2016 Re: The Finance Ministers’ Statement on CPP Expansion That federal and provincial finance ministers announced agreement in principle to expand the Canada Pension Plan (CPP) at their 20 June 2016 meeting is no surprise. The prospect of a separate Ontario Retirement Pension Plan (ORPP) created a…