Canada's Pension Problem

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Pension Plans For Koolaid Drinkers

Canada's Pension Problem - YouTube


small dead animals: Pension Plans For Koolaid Drinkers

 

[L Gilbert]

Nifty. He forgot one sector of the public employees, though .... politicians. Become an MP and sit for 6 years and collect a really spiffy pension for life along with benefits.

 

[tay]

Today, as part of Project Money, we hear from two people who offer ways to keep Canadian pensions strong not only for the bubble-of-boomers ready to cash in but for their grandchildren. They say politicians, businesses, unions and taxpayers need to stop sniping and start re-thinking.

Prince Edward Island's Finance Minister Wes Sheridan is hardly alone in sounding the alarm about Canada's pensions. On Friday, provincial Finance Ministers meet in Toronto, hoping to find a fix for a complicated system under unprecedented pressure. But politicians often don't have a great track record on the issue. And the ones who have gone down this road often come out bruised and bloody.

Jacquie McNish is a Senior Writer with the Globe and Mail. Jim Leech is the president of the Ontario Teachers' Pension Plan, one of the largest in the country. Their new book is The Third Rail: Confronting Our Pension Failures. They were both in our Toronto studio, as part of our on-going series Project Money.

The Third Rail: Building A Better Pension System | The Current with Anna Maria Tremonti | CBC Radio