With the country facing significant and unpredictable headwinds going into another federal election year, the 2019 Alternative Federal Budget (AFB) shows that Canada can boost competitiveness and encourage innovation by investing in people, not by giving corporations more tax cuts.
Seniors issues and pensions
This book is about the tensions in long-term residential care. By tensions, we mean ideas, approaches, practices, programs, interests and communities that have conflicting demands and/or consequences. There is often, for example, a tension between the need to give priority to the increasingly complex medical needs of residents and the plan to provide the kind of support that emphasizes social care and interpersonal relationships.
Is your income secure? Do you swipe your credit card at the supermarket without really looking at how much you’re spending? Can you pay all your bills every month? Can you afford your medication? Do your kids have the clothes, shoes and school supplies they need? Is your home safe and warm?
Photo by Memphis CVB (Flickr Creative Commons)
This study examines the status of the defined benefit (DB) pension plans of Canada's largest publicly-traded companies. Thirty-nine companies on the S&P/TSX 60 maintain DB pension plans, amounting to one-third of all private sector pension plan assets in Canada. However, only nine plans were fully funded in 2016. Together, the 39 companies oversaw a $10.8 billion deficit in their pension plans in 2016, while increasing shareholder payouts from $31.9 billion in 2011 to $46.9 billion last year.
OTTAWA—Last year, Canada’s largest publicly-traded companies paid out four times more to shareholders than it would have cost to fully fund their defined benefit (DB) pension plans, according to new research released by the Canadian Centre for Policy Alternatives (CCPA). Thirty-nine companies on the S&P/TSX 60 maintain DB pension plans, amounting to one-third of all private sector pension plan assets in Canada. However, only nine plans were fully funded in 2016.
This report card reviews the federal government's progress in 16 key policy areas at the halfway mark of their term. It finds that, despite some positive first steps, the Liberals’ ambitious talk hasn’t been backed up with the action needed to make these promises a reality. With two years left in the term, the report card includes suggested next steps to help the Liberal government fulfill the progressive agenda they committed to leading up to the election. Among the recommendations:
OTTAWA—After more than 200 sitting days in Parliament, the federal government has not lived up to the vast majority of its progressive promises, according to new analysis released today by the Canadian Centre for Policy Alternatives (CCPA).
"Our research indicates that strategies intended to support choices for long-term care residents must be based on the understanding that care is a relationship involving residents, their families and workers. It also means understanding that appropriate conditions of work are central to care as a relationship that allows residents and their families to exercise choices.
In a new Canadian Centre for Policy Alternatives MB report on Manitoba’s public-sector pensions Pensions in Manitoba: What’s Working, What’s Not, What's a Solution and What's Not, author Hugh Mackenzie dispels many myths about public and private sector pensions.