Clarington Digital Newspaper Collections

Orono Weekly Times, 15 Oct 1997, p. 7

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OronoWeekl Tims, Wensda, Octbe).5,.197.-. lu From Parliam ent 'Hili Alex Shepherd If the way the Canada Penston Plan (CPP) is financed tsnt changed, frture generations are golng to' be faced wth a very heavy finan- clal burden. For example, today five workers support one retlree. By the year 2030 that ratio will change to three workers for every retiree. I other words without cor- recttve actiton, our chlldren and grandchtldren wtll be strapped wlth paylng two- and-one-ha]f-ttrnes as much as we are riow for the same pension. 1 amn proud the federal gov- erriment took action and gar- nered the support of elght out of 10 premiers to put in place a package to save CPP. And I amn happy that both premiers Harris and Klein, who are allies of the Reforrn Party, agre ed to support the plan. But now the opposition Is accusing the govemnment of being scared to allocate Urne ti the House of Comnrons for a full debate on CPP. That's absurd. 1 get slck and tlred of the garnes the opposition play to get fixe ear of the public and the way it uses our Iristitu- tions to 1gntte pettiness wtth- tri Canadtan soclety. The opposition, while accuslig the govemment of shutttng dowri debate, h-led to use a partisan parlianr- tary tacttc to delay debate and place ti Jeopardy much needed reform to the CPP. Ail their charade would have succeeded ti doing is to create uncertalnty among seniors. The opposittion bas got to learri that governig isr't about pullig stunts to get the atteritioni of the public. The govemnment wants to ensure Canadians that CPP will be there for gerierations to corne and that it will be on a soun d firianctal footing. The opposttiori's goal Is to scrap CPP and replace tt wltlî something they cail a "Super RRSP." Preston Marinrg says these Super RRSPs will be created by tnstituting manda- tory premtiums. I that case the tdea begs the question - whtch the opposittion nieyer answers - as to how hlgh the premtiums would be. rI jurtsdlctlons where mandatory premlums have been tried the premnis have ranged between 13 to 15 per cent compared to the 9.9 per cent achieved Wfrougli the federal governnedts refornis. Now if that's ndt a tax grab I don't know what is. The opposition has neyer stated how they plan to paY for current benefits after theY have abollshed the CPP. As it presently stands the federal govemment has ÊLn $18 bil- lion obligation to this coun- try's seniors. Canadians W~ant and deserve answer@ to these questions. The Canada Péns1on Plan is secure. Since Itt Inception Canadian Seniors have been able to take somè comfort tri the fact that th@.y have an icorne that will provide for basic necessities. This goverriment will flot allow that to be tFl- Own away. It will not dsanle the coun- try's social safety net- The opposltioi' does riot believe ti public pensions. That's fîne for the well-off but riot firie for the rnajOritY Of Canadians eamlf iPutddle- class ticornes. [A littLed exerdse can go a long way! Waking 3 km in 35 îflinutes can do wonders for yUr heath. itfs that simpLe. Shaning a ilte- Future5à I~I ~JH!IEJ~i5J515J5J5JJ~1~15 .4 \I1VEHEARTS, Pedicures Manicures Waxing Nail Extensions Ear Candling ESTHETIC STUDIO Brigitte Brown Gift Certificates avaikible. BRIDAL SPECIALS AVAILABLE 171 Mili St., Orono, Ontario LOB iMO - 905-983-8169 ORONO WwEEKLY TIMES, (905) 983-5301 Business Cards, Envelopes, Letterheads, Flyers, Newsletters Full Colour Printing m - Oronos only Hair & Nail Salon 26 Centre St., Orono Lisa Raetson & Denise Harness specializzng in... * Manicures Imr - Jessica" Natural Nail Cultivation - Silk, Fibreglass & Acrylie Nails e Hand Painted Nail Art - Aroma Foot Therapy Pedicures - Facial Cleansing & Waxing - Ear.Candling- Body Sugaring 983-5256 Gift Certficates Available m 1

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