16 results found for "guaranteed annual income"
Op-Ed
Published in the Toronto Star on March 28, 2014
By Keith Ambachtsheer
There’s broad agreement that Canada has a pension coverage problem. For example, only a fifth of Canadian private sector workers are members of an employment-based pension plan today. As a result, many of them are likely to face sharp reductions in their standard of living when they retire in the decades ahead.
With the lack…
Op-Ed
Published in the Financial Post on March 4, 2014
By Finn Poschmann
Ottawa is soon to release proposals on bank bail-ins, the process by which bank bondholders, who seem always to get bailed out when banks get into trouble, instead might be bailed-in, becoming shareholders. The idea is to avoid government bailouts of institutions that are thought too big to fail and to limit the damage…
Op-Ed
Published in the Financial Post on February 20, 2014
By Finn Poschmann
To reduce the consequences of financial failures, the federal government should encourage provincial institutions to scale back insurance offered depositors
The global financial crisis drove deposit insurance on to the international regulatory agenda. And in Canada, generous provincial deposit insurance expansions, since 2008…
Op-Ed
Published in the Financial Post on February 19, 2014
By Finn Poschmann
Since the 2008 financial crisis, international and domestic financial regulation, such as Dodd-Frank legislation in the U.S., has emerged as an horrifically complex and prescriptive beast. What is striking about the new rules, here and elsewhere, is that they make little use of market incentives. Which is unfortunate,…