Pension Ponzi: How Public Sector Unions Are Bankrupting Canada's Health Care, Education and Your Retirement

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Paperback, John Wiley & Sons Inc, 2011, ISBN13 9781118098738, ISBN10 1118098730
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Paperback, John Wiley & Sons Inc, 2011, ISBN13 9781118098738, ISBN10 1118098730

About this item

Important Made in USA Origin Disclaimer: For certain items sold by Walmart on Walmart.com, the displayed country of origin information may not be accurate or consistent with manufacturer information. For updated, accurate country of origin data, it is recommended that you rely on product packaging or manufacturer information.

Paperback, John Wiley & Sons Inc, 2011, ISBN13 9781118098738, ISBN10 1118098730

The vast majority of Canadians are blissfully unaware that every man, woman and child in Canada now owes a $35,000 share of government debt and must pay this back, with interest Make no mistake, this debt will change our country and affect every single Canadian in the decades to come. You may think you have planned for your retirement and are safe, but the government must find a way to recover this borrowed money, and they can only do that by raising your taxes and reducing your hard-earned benefits. How did this debt come about, and why can't we simply pay it off?

"Pension Ponzi "lays the blame squarely at the feet of the politicians who refused to stand up to Canada's public sector unions. The fact is Canada's public sector, which accounts for 20% of the workforce, has been grossly overpaid relative to their counterparts in the private sector with cushy pensions paid for with your taxes and new debt. There is no denying that the country does not have the financial resources to ensure that the next generation of Canadians will have the same standard of living as the ones before it-or to support our growing seniors population. Meeting our public sector pension obligations will break the current social safety net that is a pillar of the Canadian way.

Can you escape this bleak future? Can you afford to live longer? Nationally-recognized pension expert Bill Tufts and award-winning journalist Lee Fairbanks explore how this catastrophe came about and then suggest ways that government can fix what's broken, and how you as an individual can protect yourself from the financial calamity that is about to engulf Canada.

Specifications

Number of Pages: 256
Original Languages: English
Author: Tufts, Bill
Publisher: John Wiley & Sons
Publication Date: October, 2011
ISBN-13: 9781118098738
Animal Type: Dog
Digital Video Formats: Paperback
Assembled Product Dimensions (L x W x H): 6.38 x 0.54 x 8.97 IN
ISBN-10: 1118098730
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