12 results found for "guaranteed annual income"
Op-Ed
The government of Ontario is currently looking at ways to address precarious work through a sweeping review of labour legislation and enforcement in the province – other provinces are planning to follow suit. Employment risks are also featured in federal Finance Minister Bill Morneau’s statements about “job churn” and the persistence of short-term employment. But how bad is the problem and what…
Op-Ed
We have often heard that Canadians are unprepared for retirement. Low interest rates have meant low returns to saving and have accelerated the demise of defined-benefit pension plans in the private sector. People — we are told — are not saving enough for retirement to compensate. But such fears of retirement unpreparedness are overblown. Studies on the subject have typically ignored retirement…
Intelligence Memos
From: Benjamin Dachis and Jennifer Y. Tsao To: Finding the Parking Sweet Spot Date: July 28, 2016 RE: Get rid of Jurassic Parking You’ve had a bruising battle stuck between taxi companies and Uber. The next battle in the sharing economy is coming, and it will be over street parking. What should you do? The issue is bubbling up in Canada’s four largest cities because of the upstart car sharing…
Op-Ed
Earlier this week, The Globe and Mail revealed internal research by government officials showing a global trend toward older normal pension ages, with most OECD countries’ target policy retirement age to be raised to at least 67 by around 2050. An eventual increase in the normal retirement age, here in Canada, appears inevitable. Despite this trend, Ottawa recently reversed course and…
Op-Ed
The brunt of Canada’s economic woes is falling on a few resource-based provinces. This avalanche of lost employment – Alberta lost 10,000 jobs in January – calls for a close look at our employment-insurance system, which maintains regional inequities by treating some workers much more generously than others. As the first layer of Canada’s social safety net, EI gives recently laid-off…
Op-Ed
Last week’s announcement that former Pan Am Games chief Saad Rafi will run the proposed Ontario Retirement Pension Plan makes it sound ready to go. It is not. Until Ontarians get some basic information about how the scheme is supposed to work, the ORPP is more notion than actual plan. The provincial government has released some specs. The contribution rate: Employers and employees…