Pension assets for 3.5M civil servants equal the amount saved by 17.5M Canadians in the private sector in their RRSPs
Not all Canadians are created equal.
The longer we wait to reform public pension plans the more money that falls onto the backs of the taxpayers.
A new report shows Ontario teachers among highest paid in the world.
Ontario and California are both facing a budget deficit of about $16 billion dollars. But their solutions are entirely different.
Market value: $280 million; annual operating loss: $249 million; pension liability: $4 billion.
Unfortunately, no national initiatives on the pension crisis can be expected anytime soon.
Nova Scotia taxpayers are on the hook for billions of dollars to cover their province’s teachers’ pension plan.