6 results found for "guaranteed annual income"
Op-Ed
Published in the Financial Post on June 11, 2011
By William B.P. Robson
The recent economic crisis highlighted the weak foundations of defined-benefit (DB) pension and social-security schemes around the world. The Canada Pension Plan appears to have weathered that storm well, and some are advocating an expanded CPP to alleviate risks of low incomes in retirement. Proposals for a bigger CPP that…
Op-Ed
Published in the Financial Post on Jan 31, 2011
By Finn Poschmann
Governments can’t leave housing markets alone. And it’s easy to see why — shelter is a necessity, some people even think it’s a right. Others believe that not only is shelter a necessity, but that home ownership is a positive good for society, and one that governments should therefore encourage.
Many western countries…
Op-Ed
Published in the Financial Post on April 8, 2011
By Finn Poschmann
When Jon Kesselman of Simon Fraser University and I published "A New Option for Retirement Savings: Tax-Prepaid Savings Plans," the roadmap for what was to become TFSAs, we had high hopes for tax free savings accounts. I doubt we would have believed anyone who told us that in less than 10 years' time nearly five million Canadians…
Op-Ed
Published in the National Post on March 22, 2011
By Colin Busby
Do you have a sharp pain in your stomach that won't go away? If yes, you may soon visit an emergency room for help. Your next decision is whether to go to Toronto General, Western, St. Michael's, etc., for service. As an aid, the Ontario Ministry of Health and Long-Term Care posts online monthly updates of average ER wait times for…
Op-Ed
Published in The Toronto Star on July 21, 2011
By Benjamin Dachis and Don Dewees
After years of concern that Ontario would not have enough electricity, the province has increased generation capacity and now has the problem of periodically having too much electricity. The best way to solve this problem is, perhaps counterintuitively, to pay producers to stop generating.
In many hours so far…
Op-Ed
Published in the Financial Post on June 29, 2011
By Finn Poschmann
The federal Parliament in 2009 handed Canada’s competition commissioner, Melanie Aitken, awesome legal power, and she is using it. She is free to do so — pending potential court reversals, or pending legislative change — but the current law raises serious concerns among economists and legal scholars. It also threatens big costs…