NDP would restore retirement age to 65

[tay]

Thomas Mulcair says an NDP government would reverse changes made to Old Age Security by restoring the retirement age to 65 instead of 67.


The governing Conservatives introduced the changes last spring, which are slated to take effect in 2023.


Speaking at a town hall meeting in Toronto, Mulcair says the NDP would kill the changes within its first year of forming a government, which would help about 300,000 seniors who are living below the poverty line.


He says he'd also strengthen the Canada Pension Plan and the Quebec Pension Plan, and ensure that seniors with workplace pensions are protected if a company goes bankrupt.


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NDP government would restore retirement age to 65: Mulcair | CTV News

 

[CDNBear]

He says he'd also strengthen the Canada Pension Plan and the Quebec Pension Plan, and ensure that seniors with workplace pensions are protected if a company goes bankrupt.

Translation...

He'll dig deeper into the wallets of blue collar folk.

 

[captain morgan]

Slowly but surely, Mulcair will take the same path that Greece has gone down.... Isn't looking so rosy for the Greeks right now

 

[CDNBear]

Slowly but surely, Mulcair will take the same path that Greece has gone down.... Isn't looking so rosy for the Greeks right now

No no son, ask Flosster, it's cuz austerity failed.

 

[captain morgan]

I recall Flossy's condemnation of the austerity measures imposed on Greece... The heartlessness of the banks and IMF to provide 100's of billions in cash but require the Greeks to actually contribute into the very system that they demand.

I really guess that I shouldn't be all that surprised with the position of the usual suspects here at CC.... For all their faults, they at least are consistent in the position that they are owed something and whatever is offered, it is never enough

 

[Walter]

Moving the retirement age to 67 was a sound fiscal move to help allay future funding of the OAS. Mule Care will ask the 20 somethings to pay for their grandparent's pension. Typical socialist, take someone else's money to pay for today.

 

[CDNBear]

On the up side, we'll be a cooler version of Greece, sans afro filled banana hammocks and chicks with furry nipples.

 

[SLM]

On the up side, we'll be a cooler version of Greece, sans afro filled banana hammocks and chicks with furry nipples.

Ewwwwww.8O

 

[CDNBear]

Ewwwwww.8O

Furry nipples are sexy. I learned to braid hair with my tongue on a girl from Greece.

 

[SLM]

Furry nipples are sexy. I learned to braid hair with my tongue on a girl from Greece.

I could have lived a really happy life never knowing that. 8O

 

[CDNBear]

I could have lived a really happy life never knowing that. 8O

But have fond memories because of, lol.

 

[grainfedpraiboy]

Looking into my crystal ball I don't see a future of government pensions or any of the other of hundreds of welfare, EI, AISH type schemes. I see all government dole rolled into a single form of guaranteed income. There will be no choice as all economic evidence suggest there will be a massive employment shift starting around 2020 and through to 2040 approximately half of all labour positions will be eliminated with no new sectors or gains from technology.

Whether that happens remains to be seen but governments ignore these advances at their peril.

 

[taxslave]

I expect mulcair to promise full retirement benefits at 55

 

[mentalfloss]

The Doom and Gloom in here is worse than AGW.

 

[Goober]

I recall Flossy's condemnation of the austerity measures imposed on Greece... The heartlessness of the banks and IMF to provide 100's of billions in cash but require the Greeks to actually contribute into the very system that they demand.

I really guess that I shouldn't be all that surprised with the position of the usual suspects here at CC.... For all their faults, they at least are consistent in the position that they are owed something and whatever is offered, it is never enough

The problem Greece has is rampant corruption.
Est losses in tax revenges are as high as 20 Billion Euro annually. Yet little to no enforcement or repercussions. Italy will be the next to taste the German austerity plans.

A link to one example.
The Island of the Blind: The audacious scam that epitomized Greece’s ‘mentality that rules are made to be broken’ | National Post

In a notorious scheme that may provide guidance to eurocrats trying to figure out whether this country deserves another big bailout this Sunday, as many as 700 people of the island’s 35,000 residents falsely claimed that they were blind. They were rewarded with more than 350 euros ($477) a month in compensation.

Guesses vary about how much money is lost through tax evasion and tax avoidance, with estimates ranging as high as 20 billion euros a year. Proving this with any precision is difficult, but the University of Chicago produced a paper that suggested that since four Greeks in five reported that they owed more than what they earned, but were somehow able to pay their debts off, they were obviously grossly under reporting their real incomes. In what may or may not come as a surprise, the statistics indicated that accountants were found to be the leading offenders.

 

[captain morgan]

The problem Greece has is rampant corruption.
Est losses in tax revenges are as high as 20 Billion Euro annually. Yet little to no enforcement or repercussions. Italy will be the next to taste the German austerity plans.

A link to one example.
The Island of the Blind: The audacious scam that epitomized Greece’s ‘mentality that rules are made to be broken’ | National Post

I get what you are saying and fully agree in terms of the individual responsibilities and the gvt's relaxed attitude towards fixing it.

The really big problem here is that the Greek gvt had a ready-made solution to deliver on their debt requests - they never acted in any meaningful way... Add to that the reality that the Greek gvt cooked the books prior to entering the EU and it reeks of a group that has no interest in playing by the rules.

As for the corruption, while it is clear that gvt bodies are infected with such, the public at large has become so used to it that they play the game as well (ie I understand that as a land owner you can 'negotiate' your property tax bill knowing that it won't be reported to gvt).

Bottom-line is that they have been cheating (and fooling) themselves for so long that they believe that it is acceptable to expect the rest of the world to make up for their short comings

 

[gerryh]

I get what you are saying and fully agree in terms of the individual responsibilities and the gvt's relaxed attitude towards fixing it.

The really big problem here is that the Greek gvt had a ready-made solution to deliver on their debt requests - they never acted in any meaningful way... Add to that the reality that the Greek gvt cooked the books prior to entering the EU and it reeks of a group that has no interest in playing by the rules.

As for the corruption, while it is clear that gvt bodies are infected with such, the public at large has become so used to it that they play the game as well (ie I understand that as a land owner you can 'negotiate' your property tax bill knowing that it won't be reported to gvt).

Bottom-line is that they have been cheating (and fooling) themselves for so long that they believe that it is acceptable to expect the rest of the world to make up for their short comings

and with all that having been said, the idea of comparing a Federal NDP government to Greece is beyond ridiculous.

 

[captain morgan]

and with all that having been said, the idea of comparing a Federal NDP government to Greece is beyond ridiculous.

It's only a matter of magnitude.... Notley is a good example of the ideology... She vowed to create more jobs while increasing the operational costs of AB business' via higher corp taxes, 'review' the royalty arrangement (we all know what this means) and raising min wage by 50%... Add to that her claim that she would 'create' more employment (read: expand the size of gvt by make-work programs).

With this in mind, her cabinet has approved an initial debt facility of $6 billion, the energy sector is not hiring (in Alberta at least) and all of the support industries are on hold until people know what it will actually cost to do business in AB as compared to Mb or Sask (let alone the states).

I realize that Notley is provincial and we are talking Federal, but the foundational ideology is identical to what Mulcair and Trudeau are running around promising everyone; basically something for nothing which is exactly how Greece got to where they are today

 

[taxslave]

Much as I dislike and mistrust the NDP I doubt even they could put us on par with Greece without being in power for several decades.

 

[gerryh]

I realize that Notley is provincial and we are talking Federal, but the foundational ideology is identical to what Mulcair and Trudeau are running around promising everyone;

So, you are saying that the NDP and the Liberals are basically identical. In that case, we have nothing to worry about as the Liberals have been in power in Canada even longer than the cons and Canada is still solvent.