He should warn people in the towns and cities of the coming end of their pension. The Town of Woodstock cannot escape the impact of the global economic collapse. Tumbling markets will force town council to reach into its coffers to come up with $400,000 to restore its pension plan.During the introduction of the 2009 utility budget at Monday night's council session, Coun. Peter Kennedy, Woodstock's finance committee chairperson, noted an increase of $9,460 invested in the pension fund. That number, he explained, represents the water and sewer department's small share of the planned $200,000 pension-fund payment to be included in the town's 2009 general fund budget to be unveiled in January.
Movement detection tools!!!So you were right and the first to report on this.The New Brunswick Power Corporation installed an SAA at the Mactaquac Dam on Thursday. The utility will try out the technology co-ordinated with other movement detection tools, said NB Power media relations manager Heather MacLean.
60,000$ PENSION A YEAR???PAID BY THE POOR FAMILY RAISING TAXPAYERThe average pension at GM is US$18,000 per year. In one Ontario public employee pensionplan, the average is $40,000 this year increasing by about $3,000 per year. One criticism of theCFIB is that there is no disclosure of Federal Government pensions but information they haveaccess to show the highest pensions go to federal workers.Statistics Canada estimates that a pensioner living on $40,000 of pension income has theequivalent income of a “working” Canadian earning $52,000. Reduced taxation and lower livingexpenses account for this difference. What is the $52,000 government employee pension reallyworth? Indeed, public sector pensions are a serious problem for Canada. Many of the largestpensions are facing enormous “shortfalls”. The members in these plans expect these shortfallsto be covered by tax dollars.The most recent Statistics Canada figures show the average Canadian earning scarcely$38,000 per year. Most government employees retire with incomes in excess of $60,000 peryear (including CPP, OAS and pensions). When lifestyle estimates are taken into place, thesepensions are worth twice the average Canadian working wage.Is this fair?
N.B. family battles Irving Oil over contaminated property
Very good interview Charles, they are getting much, much better. You are much calmer and relaxed when you conduct them and the questions you ask the person are direct and to the point.I think that Brian Duplessis column in the paper will be great.he sticks to the issues, and gets right down to the nitty gritty. I will be listening for more great interviews from you, and also, more good stuff in Brian's Daily Gleaner Column.
Charles,Great interview!Happy Holidays,Rick
This is great!! I believe we are extremely fortunate to have Mr Duplessis working in this capacity and here in our city. Kudos to the Gleaner for waking up and smelling the roses...this is a very important subject. Charles, a great interview, it is nice to see your efforts have brought some positive recognition to The Shelter. Merci bien...Tax Pyer John.
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