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Finance committee On behalf of the 3.3 million members of the Canadian Labour Congress, we want to thank you for this opportunity to present our views regarding the 2012 budget implementation bill. The CLC brings together workers from virtually all sectors of the Canadian economy, in all occupat
November 6th, 2012Committee meeting
Angella MacEwen
Finance committee I have one more paragraph. Pension-splitting measures cost $3.2 billion in 2010 alone. We argue that these tax expenditures would be better directed at returning the OAS to age 65, and improving the GIS so that all seniors in Canada are above the poverty line. Thank you.
November 6th, 2012Committee meeting
Angella MacEwen
Finance committee Are you talking about concerns about EI financing?
November 6th, 2012Committee meeting
Angella MacEwen
Finance committee Right. Our concerns about the financing are that first, just as the CFIB stated, this is one area of agreement where we would like the funds to be separate from the general account. We want to make sure that if there are surpluses they aren't stolen as they were before. The $57 b
November 6th, 2012Committee meeting
Angella MacEwen
Finance committee The government has some control, yes.
November 6th, 2012Committee meeting
Angella MacEwen
Finance committee Absolutely. This bill does provide for PRPPs to be subject to pension splitting as well. That's one concern. We are concerned about pension splitting and the adverse effects of that on low- and medium-income families in terms of where you're putting your tax expenditure dollars
November 6th, 2012Committee meeting
Angella MacEwen
Finance committee Absolutely. When I hear Ms. Pohlmann talking about the small business hiring credit, I think it would have been a far better policy to reinstate some of that so that the EI operating account didn't go into deficit and premiums didn't have to rise during a very weak recovery when
November 6th, 2012Committee meeting
Angella MacEwen
Finance committee Certainly. In general, what we see is that income splitting or pension income splitting, which has been implemented now, benefits higher income individuals more than lower income individuals. Part of this is because if seniors are unattached, they don't benefit. Thirty per cent o
November 6th, 2012Committee meeting
Angella MacEwen
Finance committee On behalf of the 3.3 million members of the Canadian Labour Congress, we want to thank you for the opportunity to present our views. The CLC brings together workers from virtually all sectors of the Canadian economy in all occupations and in all parts of Canada. Leading economi
November 21st, 2013Committee meeting
Angella MacEwen
Finance committee Okay. The CLC also calls for the development of a national tripartite skills development strategy to prepare for the consequences of the aging workforce and to meet the specific needs of groups such as aboriginals, recent immigrants, and youth. Training and lifelong learning
November 21st, 2013Committee meeting
Angella MacEwen
Finance committee Does it pay dividends?
November 21st, 2013Committee meeting
Angella MacEwen
Finance committee I would dispute that it's a profit. How is that used? The money is used in the interests of workers.
November 21st, 2013Committee meeting
Angella MacEwen
Finance committee Does it sit there to be used later, or is it taken home by somebody?
November 21st, 2013Committee meeting
Angella MacEwen
Finance committee It's there to be used later. It is relevant.
November 21st, 2013Committee meeting
Angella MacEwen
Finance committee Yes, it is, because that money is paid by workers—
November 21st, 2013Committee meeting
Angella MacEwen