The headlines on The Globe and Mail suggest that HarperCrit is is "considering" cutting CPP premiums.
I'm apparently missing something. For years, the hue and cry has been that the CPP has a $500 Billion unfunded liability. The Alberta government, in one of its many snits with Ottawa has complained loudly about the issue and unfair burden it represents. More recent reports from The Fraser Institute don't exactly suggest that the CPP is out of the woods, in spite of legislative changes in 1998 that were intended to address the shortfall.
Even if the government took every plug nickel of surplus it received in the last few years, the total amount doesn't come anywhere near $500 billion, and even the most optimistic view of investment gains to be had in the since 1998 doesn't come close to covering a $500 Billion shortfall.
So, given that The Conservatives claim to support the CPP, then why is it that Harper is now trying to undermine it?
Subscribe to:
Post Comments (Atom)
-
On March 19, 2024 the United Conservative Party of Alberta held an event that they called " Let Kids Be Kids " (spoiler alert: i...
-
There is an entire class of argument that we see in discourse that basically relies on the idea that “physical attribute X means that Y can ... -
So, India is expanding its temper tantrum over Canada expressing concerns over the suspected role of the Modi government in the murder of ...
No comments:
Post a Comment