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Rivers Banner in Rivers, Manitoba

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Rivers Banner

Location

Rivers, Manitoba, Canada

Date

Jul 29, 2000

Page

2

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.

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.

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.

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
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