Quote:
Originally Posted by Senator Clay Davis
CPP is solvent for a fairly long time into the future (currently managing over $150 billion in assets, up from around $50billion in 2003) because our government can sometimes be wise enough to be forward thinking. In the mid-90's it was projected CPP would be broke by 2015, but instead they consulted with provinces and citizens on how to best keep the plan funded. Essentially they adopted policies to strengthen the plan (increased employer contributions, cost cuts etc), so CPP is actually very strong right now. Obviously there's always ways to improve, so we always have to look at those. In fact I'm not entirely sure we've had a full review since the mid-90s.
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Sure, it's solvent, but does it offer a good return-on-investment? Or has the ROI (for an individual) been reduced to less than market in order to dig it out of the hole it was in?
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Quote:
Originally Posted by Resolute 14
Sure we do. But the people currently in Ottawa won't be there forever, and if Alberta has a desire to discuss its relationship with the feds, now is actually the time to do it. Certainly not when we have an eastern-based party that needs to spend billions of our dollars to buy votes in Quebec and Ontario.
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Heh. Right now we have a western-based part that is spending billions of our dollars to buy votes in Quebec and Ontario. (Also the highest spending Canadian government ever - which they should be, but I take issue with some of the waste.)