Liberal Minority Government 2025 - ???

[Jarnhamar]

Stipulated that it's impractical to balance the budget immediately this year.

Note, however, that the LPC (and NDP) response to trying to make a significant change towards that goal is inevitably some variation of "Oh no, not this year; we have too many important things to do".

A large deficit is just Investing for growth.
Higher spending relative to revenue growth just shows that Canadians trust the system. Canadians want a large deficit.

 

[Czech_pivo]

Reduce the inflation protection to half and, over time, the demand will erode.

Why keep inflation protection at all?

IF we are going to talk about keeping it for now, reduce the max income before claw back starts to equal the 'average wage in Canada' which the CPP contributions are based off of. This would be 71,300$ for 2025. Why is the OAS max income before claw back 32% HIGHER than the max earning ceiling for CPP? That's insane.

The OAS payment level should be set at the max CPP salary contribution level and from there be clawed back to be 0, maybe at the 100k/yr amount, instead of the 142k/yr amount.

 

[dapaterson]

Why keep inflation protection at all?

IF we are going to talk about keeping it for now, reduce the max income before claw back starts to equal the 'average wage in Canada' which the CPP contributions are based off of. This would be 71,300$ for 2025. Why is the OAS max income before claw back 32% HIGHER than the max earning ceiling for CPP? That's insane.

The OAS payment level should be set at the max CPP salary contribution level and from there be clawed back to be 0, maybe at the 100k/yr amount, instead of the 142k/yr amount.

I am thinking about the art of the possible.

 

[mariomike]

PMMC has proposed amendments to th PSSA that would give BSOs and other front line emergency services personnel a 25 and out pension similar to what the RCMP currently enjoy.

Or, stay in for the whole ride. After 35 years of service: maximum pension

 

[The Bread Guy]

And the squeaker results still come out to squeak ...

Lawyer for Bloc candidate who lost by one ballot urges court to annul vote

MONTREAL - The lawyer for a former Bloc Québécois MP who lost her riding by a single vote in the April federal election says allowing the result to stand would

www.thecanadianpressnews.ca

 

[Eaglelord17]

Why keep inflation protection at all?

IF we are going to talk about keeping it for now, reduce the max income before claw back starts to equal the 'average wage in Canada' which the CPP contributions are based off of. This would be 71,300$ for 2025. Why is the OAS max income before claw back 32% HIGHER than the max earning ceiling for CPP? That's insane.

The OAS payment level should be set at the max CPP salary contribution level and from there be clawed back to be 0, maybe at the 100k/yr amount, instead of the 142k/yr amount.

Less than that.

OAS is welfare. I shouldn’t be paying welfare to someone making more than the average income. The cap should be like 40k a year, or 75k household income (seeing as seniors can income split when married).

If we feel it is reasonable for someone working minimum wage not to receive welfare, it is reasonable for seniors making more money than them to not receive welfare.

 

[Halifax Tar]

Less than that.

OAS is welfare. I shouldn’t be paying welfare to someone making more than the average income. The cap should be like 40k a year, or 75k household income (seeing as seniors can income split when married).

If we feel it is reasonable for someone working minimum wage not to receive welfare, it is reasonable for seniors making more money than them to not receive welfare.

I don't think you should be paying welfare to anyone who squandered their working years and expects the rest of the country to foot the bill.

But that's just me.

 

[daftandbarmy]

Or, stay in for the whole ride. After 35 years of service: maximum pension

Which is an increasingly rare choice these days....


It is estimated that most people will have 12 jobs during their lives. In the last year, 32% of those 25 to 44 have considered a career change. Since starting their first job after college, 29% of people have completely changed fields.

One of the main factors for these changes is the desire for a salary increase (39%)or the interest in a different field (21%) and those looking for upward mobility came in at (20%).

17 Remarkable Career Change Statistics To Know (2025)

There are many benefits and reasons people embark on a different career path. These reasons include those that are beyond just the prospect of getting a better job or higher pay.

www.apollotechnical.com

 

[Czech_pivo]

Which is an increasingly rare choice these days....


It is estimated that most people will have 12 jobs during their lives. In the last year, 32% of those 25 to 44 have considered a career change. Since starting their first job after college, 29% of people have completely changed fields.

One of the main factors for these changes is the desire for a salary increase (39%)or the interest in a different field (21%) and those looking for upward mobility came in at (20%).

17 Remarkable Career Change Statistics To Know (2025)

There are many benefits and reasons people embark on a different career path. These reasons include those that are beyond just the prospect of getting a better job or higher pay.

www.apollotechnical.com

I have had 19 I believe so far, full time, jobs.
I’ve only done straight contract work for the last 20yrs so it probably has affected my numbers.
Longest I’ve ever stayed at 1 company, full time or contract is about 3yrs, give or take few months. I did about 5yrs with Fidelity Investments but that was split between 3yrs in Boston and 2 in Toronto, so I count that as 2 different companies.

 

[brihard]

I don't think you should be paying welfare to anyone who squandered their working years and expects the rest of the country to foot the bill.

But that's just me.

Lots of people through no fault of their own are either unable to work for much of their adult life (disability, caregivers to children, caregivers to other infirm family members), or do work but never make it past low wage jobs- the ‘working poor’ that our economy quite frankly puts a lot of reliance on to keep consumer costs down. It’s possible to work hard through your whole adult life and still be scraping by paycheck to paycheck quite poor in your elder years.

 

[dapaterson]

Lots of people through no fault of their own are either unable to work for much of their adult life (disability, caregivers to children, caregivers to other infirm family members), or do work but never make it past low wage jobs- the ‘working poor’ that our economy quite frankly puts a lot of reliance on to keep consumer costs down. It’s possible to work hard through your whole adult life and still be scraping by paycheck to paycheck quite poor in your elder years.

To build on this: if you divorce, and your spouse got half your pension, half the house, plus equalization for the years they stayed at home raising a family / were underemployed due to your frequent military relocations, how would your retirement look?

 

[Czech_pivo]

Lots of people through no fault of their own are either unable to work for much of their adult life (disability, caregivers to children, caregivers to other infirm family members), or do work but never make it past low wage jobs- the ‘working poor’ that our economy quite frankly puts a lot of reliance on to keep consumer costs down. It’s possible to work hard through your whole adult life and still be scraping by paycheck to paycheck quite poor in your elder years.

But isn’t that what GIS should be for, not OAS?

I’ve got no problem using GIS to help out someone who was a low income earner their entire working life.

 

[brihard]

But isn’t that what GIS should be for, not OAS?

I’ve got no problem using GIS to help out someone who was a low income earner their entire working life.

I’ve been clear in the past that I have no problem with OAS being more aggressively means tested.

 

[Czech_pivo]

I’ve been clear in the past that I have no problem with OAS being more aggressively means tested.

Dropping is max income level down to the CPP salary contribution level would be a good start. Add to that a similar corresponding drop in the final income level that OAS ceases would be great as well.

 

[MilEME09]

Considering the position the LPC put Canada in stemming from their leadership over the last 10 years I don't think it's fair to try and compare us with other G7 and G20 countries.

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which is because of a few factors, firstly our population is aging out of the workplace quickly. By next year 56% of our population will be tonold or to young to work. Mostly to old, but also:

• The population is growing faster than output,
• Productivity growth is weak,
• Business investment is weak, and
• Structural/sectoral issues limit how much output per worker can rise. Especially in the resource sector.

 

[Jarnhamar]

Wonder how much this will cost us.

Canada cancels plan to donate refurbished armour to Ukraine: defence minister​

Demise of Armatec contract still shrouded in secrecy; David McGuinty refuses to explain​

 

[Jarnhamar]

By next year 56% of our population will be tonold or to young to work.

Where did you get this figure?

which is because of a few factors

Yes, the leadership and decisions made by the Liberals.

 

[brihard]

Dropping is max income level down to the CPP salary contribution level would be a good start. Add to that a similar corresponding drop in the final income level that OAS ceases would be great as well.

Sorry, when you say “CPP salary contribution level” are you referring to the Yearly Maximum Pensionable Earnings? Like start the clawback there, and do it faster?

 

[lenaitch]

Seeds for this were sown decades ago. I’m a 1985 Ontario Grade 13 grad. I could have left in ‘84 after Gr. 12, but feeling fairly listless it made sense to stick around for the extra ‘free’ year of school. What I wasn’t expecting was to be force-fed how important a uni education was by the guidance councillors. Their attitude seemed to be that now the riff-raff has left after Gr. 12 to college, trade school or…heaven forbid…the CF, we can get down to it and prep you for uni. A week after Gr. 13 final exams I was in Cornwallis .

I’m hoping that attitude of uni being the be all/end all has changed.

I've got about 15 years on you and that attitude was well established when I was in high school. The five-year program (9-13) was intended for those bound for university. The four-year program was for those bound for the trades (back when trades actually trained their new hires), which was largely code by staff and guidance counsellors for those who weren't considered bright enough or motivated enough for university. Community colleges were still in their fledglings years in the late 1960s. The two-year program only tried to keep someone in school until they could legally leave (or, in some cases, satisfying a condition of their probation).

 

[Czech_pivo]

Sorry, when you say “CPP salary contribution level” are you referring to the Yearly Maximum Pensionable Earnings? Like start the clawback there, and do it faster?

Yes.
Why does the CPP contributions stop at 72 and the OAS claw back not start to 94? Makes no sense.
Link OAS max income level equal to CPP salary level.