Monday, June 20, 2016
The Canada Pension Plan and the Cruelty of the Cons
As long as Stephen Harper was in power there was never any hope of enhancing the Canada Pension Plan.
Because he always claimed the economy was too fragile to afford it, he didn't like the idea of pensions, and believed that Canadians should save for their own retirement.
So I'm glad that now that he is gone, the federal government and the provinces will be meeting in Vancouver today to see what can be done to enhance the CPP.
But I'm not surprised that the Harper Party hasn't changed its position.
And that the ghastly Lisa Raitt is still singing the same old song.
A hike to Canada Pension Plan contribution rates would be a "drastic step," according to Conservative finance critic Lisa Raitt, who says it's not necessary, as most Canadians are poised to retire with enough money.
"I don't believe that the minister of finance has made a case based on evidence as to why we need to take such a drastic step of increasing everybody's cost across the board in order to get a benefit in the future," Raitt said in an interview with Chris Hall on CBC Radio's The House.
When in fact about 700,000 seniors are presently living in poverty, and as the population ages the problem is only going to get worse.
A large percentage of older, working Canadians are heading into retirement without adequate savings to keep them out of poverty, a new study suggests.
“The vast majority of these Canadians retiring without an employer pension plan have totally inadequate retirement savings,” said the report, which was authored by pension consultant Richard Shillington. Among all Canadians ages 55 to 64 without pensions, half have only enough savings to last for one year.
So it isn't a drastic step it's a necessary one. Because if we don't start addressing the problem now, we will face an epidemic of poverty in the future.
And since one of the reasons the problem is getting worse is because companies don't offer pension benefits like they once did...
Younger Canadians who are increasingly stuck in low paying jobs without any kind of benefits, will also be helped by enhancing the CPP.
Instead of being condemned to a future of misery and deprivation...
So why are the Cons still refusing to accept reality?
Answer: because the Cons are still the Harper Party, and when their depraved leader rejected the idea of enhancing the CPP he did so with a smirk on his face.
Prime Minister Stephen Harper “smirked” and told Kathleen Wynne in a private meeting that Canadians need to save for their own retirement because it’s not up to government to look after them, the Star has learned.
The smirk of the Con, the smirk of the cruel.
And the good news?
Now that we have wiped that smirk off his face...
Or replaced it with a frozen grin.
We can finally start working on providing a better future for ALL of us.
Portray the Cons as too cruel to govern.
And bury the monstrous Harper Party once and for all...
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