tag:blogger.com,1999:blog-23253782.post4927318450372267635..comments2024-03-03T17:01:57.876-05:00Comments on Montreal Simon: The Canada Pension Plan and the Cruelty of the ConsSimonhttp://www.blogger.com/profile/15309809679331128837noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-23253782.post-5813415262117671162016-06-24T12:25:17.179-04:002016-06-24T12:25:17.179-04:00Especially seeing as Raitt was elected by the CONS...Especially seeing as Raitt was elected by the CONS. She screwed up one of the conservative members, which later quit the party before that happened and went to the liberal party.<br />That was Garth Turner. I have his book and its very revealing.<br /><br />Irene LussierAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-23253782.post-60025223759690162622016-06-21T17:20:39.593-04:002016-06-21T17:20:39.593-04:00Raitt was quoted recently saying that by the time ...Raitt was quoted recently saying that by the time the Millenials retire there will be some sort of app for pensions, like Uber. Sharing society, and all that. What utter twaddle! The Cailleach: Another Blogging Gingerhttps://www.blogger.com/profile/01591642605157707451noreply@blogger.comtag:blogger.com,1999:blog-23253782.post-69023691654403026532016-06-21T06:17:53.509-04:002016-06-21T06:17:53.509-04:00hi e.a.f...yes, I am absolutely delighted to see t...hi e.a.f...yes, I am absolutely delighted to see than an agreement has been reached. As I pointed out in this post it couldn't be more necessary. No serious person could disagree. And yes, as you point out, the sight of those with gold-plated pensions trying to deny a little extra money for the poorest and most vulnerable Canadians is absolutely disgusting....Simonhttps://www.blogger.com/profile/15309809679331128837noreply@blogger.comtag:blogger.com,1999:blog-23253782.post-81273552731841203342016-06-21T06:15:14.669-04:002016-06-21T06:15:14.669-04:00hi CD...yes Lisa Raitt has been behaving in a scan...hi CD...yes Lisa Raitt has been behaving in a scandalous manner, and I must admit I expected something slightly better from her. Not much but slightly better than the others. But then she has leadership ambitions and I guess she wants to impress the Reformers in the Harper Party, and that's why she now sounds like one of them...Simonhttps://www.blogger.com/profile/15309809679331128837noreply@blogger.comtag:blogger.com,1999:blog-23253782.post-6886564692699397232016-06-21T06:11:54.784-04:002016-06-21T06:11:54.784-04:00hi Kathleen...I'm not sure what the actual fig...hi Kathleen...I'm not sure what the actual figure is these days, but what I do know is that the CPP payments are a pittance, and that poverty kills. I've seen seniors having to choose between their medication or their food and it drives me crazy with anger. A country as rich as this one that can't ensure its seniors a dignified retirement is not my Canada...Simonhttps://www.blogger.com/profile/15309809679331128837noreply@blogger.comtag:blogger.com,1999:blog-23253782.post-81655962380385593502016-06-21T06:08:48.764-04:002016-06-21T06:08:48.764-04:00hi David...yes that was another ghastly move by th...hi David...yes that was another ghastly move by the Cons, to penalize the poor, while he funnelled all kinds of tax cuts and other goodies to his Big Business friends...Simonhttps://www.blogger.com/profile/15309809679331128837noreply@blogger.comtag:blogger.com,1999:blog-23253782.post-89469772857803152332016-06-21T06:07:22.380-04:002016-06-21T06:07:22.380-04:00hi David...thanks for that clip. And don't for...hi David...thanks for that clip. And don't forget how the Cons first rejected a plan for voluntary contributions, and then along with Joe Olive brought that plan back to try to win votes in the last election....Simonhttps://www.blogger.com/profile/15309809679331128837noreply@blogger.comtag:blogger.com,1999:blog-23253782.post-87941457047022114492016-06-20T21:20:40.189-04:002016-06-20T21:20:40.189-04:00its 6:12 p.m. Vancouver time and they announced on...its 6:12 p.m. Vancouver time and they announced on the news, there is agreement on the CPP. NO surprise there. <br /><br />Raitt and her party were way out to lunch on this one. Even if the aging baby boomers did have enough money to retire on or inherit enough to get through retirement, there is the not so small group called Generation X, Generation Y, The Milleniuls. So, all of them are pretty much employed in places where they don't offer pension plans, the last 2 groups aren't making great wages and so no opportunity to save. The money inherited by the baby boomers will be spent getting the care they need and helping their children the Generation X, Y keeping their heads afloat, putting down payments on homes especially in B.C. and Toronto.<br /><br />Given the above, CPP needs to be ready in 25 years when Generation X starts to retire, some of them are now 40. The majority don't have adequate savings. If the CPP starts increasing premiums now, the plan may be ready for the coming retirees.<br /><br />The Cons never were good at the long game. Planning for the retirement of several generations of Canadians has to start 50 to 75 years out. People are living longer. People get divorced more, so less "family savings". <br /><br />It was funny though to hear Raitt carry on about pensions. Perhaps she would like to give up her solid gold pension plan for the copper one afforded the average Canadian. Na, did think so.<br /><br />I suspect the Finance Minister and Ontario's Finance Minister had only to point out the difference between their plans and that afforded working Canadians.e.a.f.noreply@blogger.comtag:blogger.com,1999:blog-23253782.post-43073197048608408452016-06-20T10:38:02.729-04:002016-06-20T10:38:02.729-04:00Just remember folk: This is the same Lisa Raitt w...Just remember folk: This is the same Lisa Raitt who screeched that Harper left a $6 billion surplus for the Liberals.<br /><br />I guess Lisa must have found that money, or came to the realization that her lie wasn't having the desired effect. So, let me ask her, "Where is that $6 billion Lisa, did you find it yet?"<br /><br />As for the pension debate, anyone who stands to benefit from a gold-plated MP pension like she does should have the decency to recuse himself/herself from this debate. To me it is equivalent to telling the masses to "eat cake". She and her Harpercons have no credibility on this issue whatsoever.<br /><br />I don't think most Canadians are fooled by her nonsense. Of course it makes sense to improve the CPP for Canadians, though I must admit that perhaps MPs and other top one-percenters should probably be excluded from even collecting CPP.<br />CDAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-23253782.post-32517357999317156192016-06-20T07:37:12.698-04:002016-06-20T07:37:12.698-04:00Anyone below a yearly income of $20,000 is conside...Anyone below a yearly income of $20,000 is considered "living in poverty" I do believe.....where it once was $15,000? Correct me if I'm wrong!<br /><br />Hmmmmmm so I must be living in poverty! <br /><br />Well, we All can't be politicians etc. with big pensions waiting for us when we retire. The next thing to be questioned will be the OAS....old age security....Gone!<br />Marmaladehttps://www.blogger.com/profile/01651890655542192076noreply@blogger.comtag:blogger.com,1999:blog-23253782.post-91142493134464046712016-06-20T03:30:34.052-04:002016-06-20T03:30:34.052-04:00The Cons wanted to raise the retirement age from 6...The Cons wanted to raise the retirement age from 65 to 67. If the Libs had not reversed it, a person born in February 1962 or later would not collect their CPP until they were 67. But Harper didn't care because he was born in 1959 and would still get his full OAP and CPP at age 65.<br /><br />http://rabble.ca/sites/rabble/files/node-images/6888111336_53bc028259_z.jpgDavidhttps://www.blogger.com/profile/09630890163958807048noreply@blogger.comtag:blogger.com,1999:blog-23253782.post-49174230917718149882016-06-20T03:14:10.738-04:002016-06-20T03:14:10.738-04:00https://web.archive.org/web/20151110195235/http://...https://web.archive.org/web/20151110195235/http://operationmaple.ca/the-stephen-harper-non-answer-generator-part-6<br /><br />104. "Our view is that, you know, we have a strong Canada Pension Plan. And the idea that tax-free savings accounts are simply for the rich is just factually incorrect."<br /><br />Mitzie Hunter, associate minister of finance, Ontario Retirement Pension Plan: "This [internal Finance Canada] document is further confirmation that Stephen Harper is continuing to bury his head in the sand. CPP is simply not filling the gap. … It's unfortunate that Mr. Harper has really chosen to play politics rather than address serious concerns for retirement security in Canada. TFSAs, which Harper touts as a cure-all, are really untested and they're only really benefiting the wealthiest Canadians." Davidhttps://www.blogger.com/profile/09630890163958807048noreply@blogger.com