February 03, 2016

HEAR why Wynne’s ORPP “scares the life” out of this Ottawa businessman

Brian LilleyRebel Co-Founder
 

Kathleen Wynne has said it’s full steam ahead with her plan for an Ontario Retirement Pension Plan (ORPP) but has she really considered the effect this will have on small business people?

Many are very concerned. I speak with Ottawa area businessman, Dave Howard about his concerns. Dave and his wife own a couple of small businesses and know that once this is implemented, they’re going to take quite a hit.

And is this really about “helping” people save for their retirement or will it be a slush fund for Liberal infrastructure projects?

 

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Comments
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commented 2016-02-06 19:58:48 -0500
I have started a petition at Change.org to stop Wynne’s OORP Please sign and share!!
commented 2016-02-06 07:19:15 -0500
Just another money grab to cover failed Liberal policies
commented 2016-02-05 21:12:52 -0500
This is not a pension plan, this is a tax on small business, and the worst thing the Wynne government could do during an anaemic economy that produces few jobs
commented 2016-02-05 05:10:48 -0500
I have childhood friends still living in Ontari-ari-ario… I can only hope that one of them has an opportunity, and very soon, to run over Winnie The Poo as she trots across Queen’s Park Circle…
commented 2016-02-04 16:04:54 -0500
SAM YOUNG commented 12 hours ago
This pension plan is sure as hell going to motivate welfare recipients to get a job.
Please tell me that is sarcasm?!
commented 2016-02-04 14:03:15 -0500
Wynne: the scarecrow without a brain, all straw, no substance.
commented 2016-02-04 12:29:49 -0500
Didn’t Orville Redenbacher say she would scrap the ORPP if the Liberals won the Federal election? Just on that alone, she should have been ousted seeing that it sounded a bit like blackmail.
commented 2016-02-04 12:27:39 -0500
Does anyone else have that feeling of “here we go again”.
commented 2016-02-04 12:08:20 -0500
With Saäd Rafi as its Chief Executive Officer (remember he was the CEO of the Pan Am/Parapan Am Games Organizing Committee from January 2014 to the end of October 2015) what can go wrong with the ORPP? Remember the kerfuffle about salaries of the Committee members and his severance package? If he and the members of the Board receive the same kind of salary, (which is supposedly to come out of the plan), the ORPP is at a economic disadvantage before it even gets implemented. Also, remember that this is the man who came from the Public Service was Deputy Ministry of Health, then he became a deputy minister without portfolio before becoming CEO of the Pan Am Games. Now he has segued into CEO of the ORPP. Will he get another severance package from here? And the literature on the ORPP site states: Accountability measures would include:
an independent and professional Board of Directors
Just how “independent” from the Ontario government is the CEO?
commented 2016-02-04 10:35:47 -0500
Any employer-paid employee benefit will impact the small business operator and the millions of people who are marginally employable – I have had to audit many small manufacturing operations of 10-100 people and almost without exception these businesses survive and meet payroll only by doing 4 things : no benefits (dental, RPP, blue cross etc,) hiring low cost new immigrant workers (disadvantaged by language skills and education) and by out-sourcing sub assembly to home workers, and operating in a very low overhead facility.

The common term for these is “sweatshops” and there are lots of them – they exist on the grey fringes of the economy but they are a major force in the OEM feeder industry, and they are major employers of people who would otherwise be on welfare or assistance.

You could argue that shutting these down would be a good thing but would it really? Unions are as arrogant about this class of worker as is the government – most policy either ignores this segment or damages it – remember the fall out from these failed businesses will come out of your pocket in the form of welfare benefits.
commented 2016-02-04 09:55:28 -0500
I had up to 25 employees and remember very well the burden of CPP including the spot audits. Fortunately I was fully computerized and was able to generate reports and cheques with minimal effort. It was definitely a cost burden.
I’ve always been self employed and to be honest, employees were a nightmare.
commented 2016-02-04 03:38:26 -0500
This pension plan is sure as hell going to motivate welfare recipients to get a job.
commented 2016-02-04 02:42:50 -0500
I understand why she became a lesbian, the reason is that most men are sighted.
commented 2016-02-04 02:41:05 -0500
If you trust Wynne with this then please let me remind you that i am a federally licensed wallet inspector, now hand it over.
commented 2016-02-03 19:58:11 -0500
Another Wynnedmill scam, need we expect anything different, from a Marxist pussy cat.
commented 2016-02-03 19:53:24 -0500
Yuccchhh. That face. What a boner killer.
commented 2016-02-03 19:31:35 -0500
The ORPP is not necessary as most will not be able to receive much benefit. This is a slush fund for the government to spend on their pet projects.
commented 2016-02-03 19:10:09 -0500
Wynne is in a contest with Notley to see who is the biggest nut bar.
commented 2016-02-03 19:05:19 -0500
The Liberals want us all to work for the state for food and circus.
commented 2016-02-03 18:58:37 -0500
Infrastructure? Fat chance! Just another tax grab to line Liberal pockets! That’s what Ontario Hydro has become!
So glad I fled Ontario during “Rae Days!”
commented 2016-02-03 18:46:43 -0500
Didn’t Wynnie’s liberals also ask people to voluntarily help to pay down the debt they racked up! The desperation is becoming more apparent. Wynnie doesn’t want another rating downgrade, and she has to keep making those interest payments. I don’t know which is worse right now, the fraud in ON, or the one in AB.
commented 2016-02-03 18:40:59 -0500
The ORPP is Wynne’s plan for more financial raping of Ontarians.

Feed the ORPP, pay Wynne’s “developer friend” to build crap we don’t need and watch the masses get butchered.

Hopefully Wynne drops dead very soon.
commented 2016-02-03 18:34:27 -0500
I love that pic of the old man at the top of this page.

I thought the premier was a woman?
commented 2016-02-03 18:33:52 -0500
This money will go in to general revenue and be applied to the Ontario debt.

No one reading this will ever benefit from those tax dollars – if they believe they will they truly are fools.

If Ontario wants to know why they are in trouble, all the voter has to do is go and look in the mirror – while not all people are guilty of voting lib – those with a low intelligence level voted for this not only once – but more than once.

Proving that you cannot fix stupid.

And now Ontario will pay – and I have no pity – may they go tits up.

I am for the Republic of Western Canada.

Let the rest go belly up and get hungry and cold.

Their own entitled fault.
commented 2016-02-03 18:31:47 -0500
The CPP is run by professionals and has produced good returns over the long term. It is an arms-length corporation from the government with a mandate to choose its investment targets based on long-term merit without interference from the government du jour. ORPP, on the other hand, is simply a new “revenue tool” for the bankrupt Wynne government that she has full discretion to spend whatever money-losing ideological pablum she feels like, like more wind turbines. You’ll receive an I.O.U. and when it comes time for you to retire, the fund will be exhausted. It isn’t a retirement fund; it’s simply a new tax.
commented 2016-02-03 18:29:22 -0500
No worries people – I’m sure that the funds for this project will be managed as well as the green energy program and the Mississauga gas plant…