July 12, 2016

Canada Post pension reforms could start “chain reaction” among crown corporations

Rebel Staff
 

Ian Lee, Professor at the Sprott School of Business at Carleton University, explains to guest host Jerry Agar why Canada Post employee pensions are different than those of most Canadians, and how changes to these unsustainable plans could affect many other public sector workers.

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Comments
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commented 2016-07-13 02:01:40 -0400
Rick Plesnik the truth does not matter to the MSM , even left wing trolls will not admit that happened.
commented 2016-07-12 19:09:49 -0400
Interesting that what is not being addressed by most of the media (government meddling?) is how the Canada Post Pension got to its current state. Look back to a 1999 Lieberal Gov’t led by Jean Chretien with Paul Martin as finance minister that stole a rather substantial surplus in the Pension Plan to help “balance” the federal budget that year. One wonders how much of that money went to Liberal hacks and cronies! One also suspects had that money not been stolen, the current controversy would not exist! That action is much reminiscent of what Greek Banks are doing now, stealing depositors accounts to keep the Bank afloat!
commented 2016-07-12 13:27:04 -0400
ALL PENSIONS ARE PONZI SCHEMES.

Those that create pensions are now dead – they were well taken care of.

Within the next 20 years, ALL PENSIONS WILL BE INSOLVENT.

Enjoy the ride folks. See how gummint takes good care of you??? Selling heaven, delivering hell.
commented 2016-07-12 13:16:36 -0400
The elimination of the taxpayer-backed defined-benefit-pension Ponzi scheme for public employees is a broken idea that Trudeau will not let fall.