There is a growing theme on lawsuits in Canada the benchmark seems to be set around $10 Million for some reason
Toronto immigration lawyer sues media, government over Global News report
It all seems to revolve around some kind of pilot project
Click the link for the full article
Here is an article stating the obvious about sloppy LIE-beral planning. With some comments of my own in brackets
OPINION: Trudeau gov’t isn’t preparing for added costs of aging population
Special to Postmedia Network. Published: November 25, 2017. Updated: November 26, 2017 5:53 AM EST
Filed Under: Toronto SUN/ Opinion/ Columnists/ Related
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BY JASON CLEMENS AND SASHA PARVANI, Special to the Sun
Canada, like all industrialized countries, is experiencing an aging population.
But unlike most industrialized countries, Canada is doing almost nothing to prepare for the implications of an older population, and in some cases is moving in the wrong direction.
(OH- LIE-berals are doing all that THEY consider important to prepare for the deluge of aged people! LIE-berals are carefully hiding their money offshore away from needy and greedy old folks as detailed in the Paradise Papers!)
(This issue of a rapidly aging population is also a fine reason to be enraged atLIE-beral immigration policy regarding illegals! LIE-berals are rounding up illegals as if they were crazy cat ladies corralling strays- LIE-berals have no more ability to care for their strays than a loonie cat lady! We are already facing massive pressures to care for our aged populastion and LIE-berals are busy collecting illegals with all manner of costly needs- from language training to medical aid to basic education- and they will need govt aid for decades to come- aid that will be TAKEN from people who were born here!)
There’s ample evidence that Canadians are living longer. According to Statistics Canada, average life expectancy in 2011 was 81.7 years compared to just 57.1 in 1921.
(Govt has known about this for about 65 years. In the early 1990`s Chretien LIE-berals produced a fine document that purported to show that all was well in LIE-beral land. Too bad various insurance actuaries and others shredded the document almost before the ink was dry! LIE-berals had DELIBERATELY mis-counted a LARGE array of things. Not counting the “means tests” that LIE-berals were imposing for all manner of govt grants for things like hearing aids, eye tests and an increasing array of medical procedures. Not counting for inflation- as interest rates dropped and people on fixed incomes got reduced returns on investment even as govt taxes soared. LIE-berals assured us we would inherit a fine array of goodies from deceased Boomers- and failed to account for people living longer and USING UP ALL their savings! LIE-berals also failed to take into account assorted tax hits that would take money out of peoples pockets once they were required to cash in their RRSP`s- and LIE-berals LOWERED the age maximum for cashing in RRSP`s meaning people got hit sooner and for larger amounts of tax!)
(So LIE-berals got laughed at and decided to try again to produce a report on financing for Canada Pension Plan and Old Age Supplement and that didn’t work out either! The chief accountant/actuary producing the report QUIT in mid stream- complaining that LIE-berals were trying to get him to falsify numbers and statistics! LIE-berals responded by claiming the guy had NOT quit- instead he had been fired for incompetence! Later- LIE-berals hit us with the biggest tax grab ever imposed by a Cdn federal govt- a major hike to Canada Pension Plan- which suggests LIE-berals were NOT offering the truth about pensions!)
The combination of Canadians living longer, with the population bulge of the baby boom generation, means seniors are on track to represent 25% of the Canadian population by roughly mid-century, compared to less than 15% in 2010.
As a recent Fraser Institute study noted, the aging of our population will place enormous strains on government finances.
(Actually- based on LIE-beral rationing of health care and their massive deficits deliberately run up to get civil servants the gravy needed to buy votes for LIE-berals it looks like that major strain of those old folks will fall on the kids of those aged parents. And of course LIE-berals have dabbled in legislation and court cases that force kids to tend to aged parents- in spite of past family troubles involving various types of ugly abuse! In one case from B.C. a wealthy adult had the cost of caring for an alcoholic and abusive mother dumped in his lap- Mom simply didn’t like the local old folks home and demanded that junior- whom she had not seen in decades- should be ORDERED to support his not so saintly Mom as SHE felt entitled- and LIE-berals- ever determined to shift costs and responsibility to others- agreed with Mom! IN other news Toronto Sun reporter Christina Blizzard produced a report proving that Ontari-owe education budget was rising FIFTY PERCENT FASTER than the health care budget in spite of the number of school kids shrinking and the number of seniors seeking medical aid GROWING! Shall we assume that teachers are more dedicated LIE-beral supporters than nurses or doctors? Doesn’t that sound like a LOGICAL EXPLANATION for GROSSLY BIASSED LIE-beral funding polices to you? There are more than a few hints and whispers that LIE-berals simply will NOT EVER be there for old folks- unless they are privileged members of a civil service union!)
First, several government programs that are sensitive to demographics will experience significant cost pressures.
For example, Old Age Security (OAS) and the Guaranteed Income Supplement (GIS) are two income transfer programs supporting seniors.
The expectation is that the cost of these programs will increase by 47% between 2017 and 2047, based on a larger share of the population being eligible for such programs.
(And all this will translate into FROZEN pension benefits for seniors while LIE-beral taxes on everything SOAR!)
Similarly, health care costs are heavily influenced by seniors, since so much of our lifetime consumption of health care occurs after the age of 65.
For example, in 2014, government per person spending on health care was 4.4 times more for seniors over age 65 compared to Canadians aged 15 to 64.
(What do you suppose the health care spending is for Fentanyl drug addicts- those drug addled imbeciles who knowingly ingest POISON?)
Second, these spending increases will occur at the same time the share of the population in the labour force will decline.
Data suggests that Canada’s labour force participation rate will decline from its peak of 67.6% in 2008 to roughly 61% by mid-century.
(Considering that Ontari-owe LOST 59,000 part times jobs in the first 30 days after Wynne-bag LIE-berals bumped the minimum wage- the real rate of job loss might be even higher as labour costs will drive automation and kill even more jobs! Calculating the precise long term effect of automation and idiot LIE-beral tax and spending priorities is a difficult science and is a good reason to condemn the $50 billion dollars in debt Our idiot Boy Justin has run up in his first 2 years in office! The fiscal risk is huge in the long term and the immediate results of that mad spending are dismal! In the long term the burden will grow as we will hit the debt wall just as Chretien LIE-berals did and we will also have to pay back that borrowed money! But as Our idiot Boy wants to kill off the Cdn oil patch that is the only industry capable of rapid growth- if he allows pipelines to be built- there will be NO easy debt solution from oil patch tax revenue!)
This decline means economic growth will be slower than in previous periods, which means it will be more difficult for governments to raise revenues.
The combination of higher spending and slower growing revenues means the likelihood of much larger deficits in the future, unless programs are reformed.
A recent calculation suggested government deficits could grow as large as $143 billion (in current dollars) by 2045 if no changes are made.
(It seems entirely likely that LIE-berals simply assume they can some day declare bankruptcy and repudiate the debt- without real consequences- at least not to THEM! The rest of us MAY SUFFER HORRIBLY from such cavalier action!)
In 2012, the Harper government made a tepid reform to change the age of eligibility for Old Age Security and the Guaranteed Income Supplement to 67, starting in 2029.
The changes were to be implemented between 2023 and 2029.
Shortly after taking office, the Trudeau government reversed this reform to maintain the age of eligibility for both programs at 65.
It’s estimated this policy reversal will cost the government an additional $10.4 billion in 2030.
Perhaps more telling, a recent study illustrated how out of step this decision is with other major industrialized countries.
Of the 22 high-income countries in the Organization for Economic Cooperation and Development (OECD), apart from Canada, more than 80% (18) are implementing some form of increase to the age of eligibility for public retirement programs.
Of the 18 countries enacting changes, almost 60% are moving to 67 years of age.
Ireland and the United Kingdom are going further by increasing the age of eligibility to 68.
(IN other words the north European countries that have the best chance to stay solvent will offer old age pension to those 68 and over. This is in sharp contrast to Greeks who expect to retire at age 57 at last report. Or Italians who expect to retire at around 60 -62!
In addition, five countries are indexing their age of eligibility for public programs, so it will automatically increase as life expectancy increases.
Canada is one of only five countries that have decided to do nothing, despite mounting evidence of the fiscal pressures coming down the pike due to the aging of our population.
The adverse consequences from an aging population, namely large deficits, mounting debt and slowing economic growth can be mitigated if proactive actions are taken now.
(LIE-berals ARE doing all they can to prepare- its apparently why they created their mouldy Green Energy program so LIE-beral pals who own solar and wind farms can have a dandy new industry to invest in and get access to that nice steady revenue stream! And its why LIE-berals sold off Hydro to their friends so THEY would have that dandy access to new investments! And it appears LIE-berals are uneasy about what we might think of their antics- how else to explain their decision to slam shut the Hydro books so we cannot see what they are doing- WITH OUR MONEY?)
Rather than ignore the problem or make matters worse, as the federal government’s policy reversal has done, it’s time for the federal and provincial governments to show leadership by proactively preparing for the aging of our population.
Clemens and Parvani are co-authors of a recent analysis of changes in the age of eligibility within the OECD published by the Fraser Institute