Manitoba Education Reform Sparks Arbitration Debate
Editor notes conflict over Bill 42 arbitration in Manitoba education policy. Caldwell advocates binding arbitration for wages and class size, while MAST AMM warn of rising costs and higher property taxes. Critics say public funding strained as education costs rise and public patience wanes.
MENTIONED IN THIS ARTICLE
Manitoba
NDP
Drew Caldwell
Manitoba Association of School Teachers
MAST
Association of Manitoba Municipalities
AMM
Caldwell
Saskatchewan
Canada Pension Plan faces funding squeeze as workers per retiree declines
The CPP set up in 1966 on a pay as you go basis now shows a shrinking base of contributors. From eight taxpayers per retiree in 1966 the ratio falls to five and could reach three to one by 2030. CPP currently pays more in benefits than it collects in premiums. Rates rose from 3.6 percent from 1966 to 1986 and have since increased.
MENTIONED IN THIS ARTICLE
Canada
Feds
Canada Pension Plan
CPP
CPP funding under strain prompts tax hikes and reform
The CPP owes its rising contribution rates from 5.6 percent in 1996 to 7.8 percent today and 9.9 percent by 2003, amid warnings from actuaries about potential insolvency. Ottawa backs a steady-state plan with new market investments, while public skepticism remains high from Ekos polls and prior projections.
MENTIONED IN THIS ARTICLE
CPP
Ottawa
Feds
HRDC
Ekos Research
Ekos
CPP Investment Board
Also Mentioned on This Page
Ken Waddell
Sears
Walter Robinson
Ottawa Citizen
Maclean's Magazine