More than 120,000 federal public servants across Canada, has voted in favour of a strike | Page 8 | GTAMotorcycle.com

More than 120,000 federal public servants across Canada, has voted in favour of a strike

Total comp or salary? The number of private firms with defined benefit is very small. Sadly, from an employee perspective, they rarely see total comp and only really know about salary.

Salary. Benefits are essentially the same however. I know both have pensions but never paid into either to say what was better or not.
 
If by definition government employees make more and they make up >30% of employees in the country, how do you fund that? We are quickly reaching the edge of the spiral. Keep asking more from less and eventually it collapses.
Sadly the Liberals have also hired 30% more Liberal supporters. Don't bite the hand that feeds you raises.
 
I have no idea for federal in the context of this thread, for OMERS etc. in Ontario over 10% of the person's gross income goes to pension, the sweet deal is the gov matches the amount put in by the worker (so funded half and half). But it is not some total feebee that in this context the gov employee gets.

New entrants into defined benefit is a rare bird in the private sector but the ones I have participated or seen the worker does not pay anywhere near half--really closer to a freebee model. Defined contribution is typically half and half in private... (ie employer matched).... ironically.
For us paying into OMERS in my group, we put in approx 7% on the first 70k (or so), and anything above that is 14.9% of our salary that goes directly to OMERS.

Company matches 1:1.
 
Omers and teachers unions have a pretty steep pay in while your working , but you get a very nice deal on the backend . I’d take that deal anytime over anything offered in the private sector . Pain now for nice retirement.


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Inflation comments. I haven't analysed the article and the inflation rate isn't one size fits all.

The bothersome thing is that wages aren't going up at the same rate. That can't continue forever.

If you're overweight and go on a calorie counting diet you eat less than you burn off.

You eventually become healthier but if you continue to burn off more than you take in you become emaciated. Keep it up and you die.

The same goes for people that have to tighten their belts. Who do we cull?

 
Inflation comments. I haven't analysed the article and the inflation rate isn't one size fits all.

The bothersome thing is that wages aren't going up at the same rate. That can't continue forever.

If you're overweight and go on a calorie counting diet you eat less than you burn off.

You eventually become healthier but if you continue to burn off more than you take in you become emaciated. Keep it up and you die.

The same goes for people that have to tighten their belts. Who do we cull?

Government employees getting raises over the 2% rate of inflation the government is targeting drives inflation higher. The whole cesspool is almost unsolvably broken. Government (at all levels) has gone so far down the say one thing and do the opposite path that they don't even have a direction anymore. Just aimless wandering and throwing money about.
 
Fear not , the govt has introduced a grocery inflation rebate program!! Never mind the grocery industry made out like criminals boosting prices way beyond inflation. team justin will hand out 2.5 billion , to someone. Oy vey


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Inflation comments. I haven't analysed the article and the inflation rate isn't one size fits all.

The bothersome thing is that wages aren't going up at the same rate. That can't continue forever.

If you're overweight and go on a calorie counting diet you eat less than you burn off.

You eventually become healthier but if you continue to burn off more than you take in you become emaciated. Keep it up and you die.

The same goes for people that have to tighten their belts. Who do we cull?

I didn't see myths debunked in that article. Its an Opinion article, which is what journalists call a socialist's rant.

While it's true that businesses can profit during inflation, it's untrue to suggest business causes inflation. Govts are responsible for the supply of money, the Feds dumped 1/2 a trillion into the economy... yoo much money chasing too few goods.
 
Fear not , the govt has introduced a grocery inflation rebate program!! Never mind the grocery industry made out like criminals boosting prices way beyond inflation. team justin will hand out 2.5 billion , to someone. Oy vey


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Is that substantially different from assisted housing? A rich businessman underpays his employees so they have to get tax payer assisted housing. That is basically assisting the rich.
 
I didn't see myths debunked in that article. Its an Opinion article, which is what journalists call a socialist's rant.

While it's true that businesses can profit during inflation, it's untrue to suggest business causes inflation. Govts are responsible for the supply of money, the Feds dumped 1/2 a trillion into the economy... yoo much money chasing too few goods.
Want to hammer inflation?

Stop buying stuff. Live like a pauper and you won't become one.

IMO inflation is largely driven by investors needing a bigger ROI every quarter. Are the people that are making massive profits going to be happy rolling back the expectations?

"But I like Starbucks coffee and tee shirts with cute little logos on them."
 
Want to hammer inflation?

Stop buying stuff. Live like a pauper and you won't become one.

IMO inflation is largely driven by investors needing a bigger ROI every quarter. Are the people that are making massive profits going to be happy rolling back the expectations?

"But I like Starbucks coffee and tee shirts with cute little logos on them."
If prices keep going up, and people keep on buying…what incentive is there to lower prices?

I’ve yet to see too many signals of a recession/depression or slow down in activity outside of house sales.
 
If prices keep going up, and people keep on buying…what incentive is there to lower prices?

I’ve yet to see too many signals of a recession/depression or slow down in activity outside of house sales.
I think that narrative was a scare tactic by whomever wanted to misdirect the public. Or they were just wrong.
Plus people have been pent up waiting for the Pamdemic to end and now things are back to normal time to get on with things, not more waiting.
 
Want to hammer inflation?

Stop buying stuff. Live like a pauper and you won't become one.

IMO inflation is largely driven by investors needing a bigger ROI every quarter. Are the people that are making massive profits going to be happy rolling back the expectations?

"But I like Starbucks coffee and tee shirts with cute little logos on them."
Profitteering is more of effect or result of inflation not a driver. If govts didn't dump hundreds of billions of cash into the economy, that cash wouldn't be increasing demand faster than supply. If govts didn't pile huge taxes base goods (like the carbon tax)producers wouldn't have to jack prices to cover their increased costs.

Also know that profiteering doesn't go on for ever in a free market... profit opportunity attracts new competitors which eventually bring prices down.
 
That whole argument and use of taxpayer dollars is appalling. A roving robot tells you very little about how spaces are used. If it checks the lunch room at lunch or right after the start of the work day, it will get an incredibly different picture of utilization. If they actually cared about utilization, they would count movement between spaces to see how many person-hours were spent in each space.
 
That whole argument and use of taxpayer dollars is appalling. A roving robot tells you very little about how spaces are used. If it checks the lunch room at lunch or right after the start of the work day, it will get an incredibly different picture of utilization. If they actually cared about utilization, they would count movement between spaces to see how many person-hours were spent in each space.
That was the first idea union killed it.

Sent from the future
 

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