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A 2012 article [31] in The Economist titled "Maple Revolutionaries" about Canada's largest public pension funds features Ontario Teachers', saying it pioneered a new style of investing in the 1990s by managing more of its portfolio internally and doing more direct investing. Then-Ontario Teachers' CEO Jim Leech called Canadian pension funds a ...
Unlike conditional transfer payments such as the Canada Health Transfer or the Canada Social Transfer, the money the provinces receive through equalization can be spent in any way the provincial government desires. The payments are meant to guarantee "reasonably comparable levels" of health care, education, and welfare in all the provinces. The ...
The CPC (M-L) has a short concise programme entitled "Stop Paying the Rich, Expand Social Programmes" emphasizing "democratic renewal" and "renewal of international relations", creating "a new, modern, truly democratic society in which people are sovereign" as its goal, [49] while the CPC presents a detailed and lengthy programme entitled ...
By the mid-1990s, the 3.6% contribution rate was not sufficient to keep up with Canada's aging population, [12] and it was concluded that the "pay-as-you-go" structure would lead to excessively high contribution rates within about 20 years, due to Canada's changing demographics, increased life expectancy, a changing economy, benefit ...
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Canadian Payments Association, carrying on business under the brand name Payments Canada, [2] [3] is an organization that operates a payment clearing and settlement system in Canada. The Canadian Payments Association was established by the Canadian Payments Act in 1980. Among other responsibilities, it regulates and maintains directories of ...
In English Canada, 25 per cent of professors were union members. CAUT increasingly encouraged member associations to certify, and by 1980 over 50 per cent of faculty were unionized. [10] As of c. 2006, the unionization rate of academic staff was approximately 79 per cent, well above the average of 30 per cent for all occupations in Canada. [11]
The Government of Canada also provides a Canada Learning Bond (CLB) to encourage low-income families to contribute to an RESP. Families with children born on or after January 1, 2004, and who receive the National Child Benefit, will receive an additional $500 CLB when they open an RESP and $100 for each year they remain eligible. [5]