948 replies to this topic

[lanforod]

They didn't have to do that though. Could just do... you know, normal layoffs and normal severence.

[UDeMan]

The numbers in that article are all wrong. The Early Retirement incentive just removes the age reduction penalty. People are not getting a full pension if they retire early. Have to work 35 years to get the full pension of 70%. 2% a year x 35 years.

If you only worked 10 years and take the offer, you will get 10 x 2%= 20% of your salary as your pension. No 5% per year age reduction as part of the offer.

[Mike K.]

They will, though, get the full amount of whatever pension they’ve accrued without penalties. So for a lot of people it would be like getting an extra $1,500 or $2,000 per month if they walk away. Those with five years left will be getting a five year top-up if they leave five years early, right? Or do I have that wrong?

But then there are tax implications if you pursue additional employment, so before anyone decides one way or the other, talk with your accountant.

[UDeMan]

Here is the website for the incentive
https://www.canada.c...-incentive.html

There is no top up. Just an immediate pension to retire with no additional age reduction.

This pension is not as good as it looks, as there is a bridge benefit to age 65, then at age 65 the pension reduces by the amount of the CPP retirement pension.

[Mike K.]

Interesting.

So if you’re, let’s say 50, and you’ve worked 15 years at $50k per year, your current pension is 2% x 15, or 30% of the $50k, = $15k.

What is the age reduction, exactly, that you’re not being charged under this offer? Like if you quit today and decided to draw your pension, they’d reduce the amount to 2% x 10, instead of 2% x 15?

[UDeMan]

In your example, someone who is 50 with 15 years of service would not normally be able to retire until they were 60 years old.

The age reduction penalty is 5% per year

If they left at age 50, they would have a reduction of 5% per year for 10 years, 50% reduction. So 2% a year x 15 years= 30% less 50% age reduction equals 15% of 50k= $7500 a year pension.

Under this incentive no 50% age reduction, so they would get $15,000 a year pension

Edited by UDeMan, 10 December 2025 - 11:21 AM.

[Mike K.]

Got it, thank you.

[Mike K.]

British Columbians are currently reliant on American highways to travel between the Metro Van region and the rest of Canada.

[splashflash]

British Columbians are currently reliant on American highways to travel between the Metro Van region and the rest of Canada.

The Duffy Lake is open. I actually had to take it once from the Interior to Fraser Valley since snowstorms and slides caused accidents that closed 1, 3 and 5 in the early 2000s.

[Mike K.]

Did they just open it? It was closed west of Lillooet this AM. I presume you mean the 99?

[Mike K.]

I drove it in December of 2009. We stayed in Whistler for a night or two (I honestly can't remember), then carried on to Edmonton, via the 99 then connected to the 1 then 5. It was a wild drive from Whistler to Lillooet, probably one of the neatest driving experiences I've ever had. That is not a road for the faint of heart in winter.

 

This year I got to drive it twice, both times northbound en-route to Prince George but that was in spring and summer.

[splashflash]

I have driven it many times. Some single lane bridges have been replaced since 2009. Honestly, I wish the old railway line could serve as an alternate if it gets abandoned. The Douglas High Level Road is still open but quite steep in sections.

Closures occur mostly because of avalanche control. Drive BC shows it as slushy and slippery when I checked.

Highway 1 is closed at Sicamous.

Edited by splashflash, 11 December 2025 - 10:02 AM.

[Victoria Watcher]

Conservative MP Michael Ma, who represents the riding of Markham-Unionville, is crossing the floor to the Liberal Party, according to a statement released Thursday night.

 

 

 

 

 

Another Conservative crosses the floor, bringing Liberals 1 MP shy of majority

 

Ontario MP Michael Ma says he's joining Liberal caucus

 

 

https://www.cbc.ca/n...erals-9.7012767

Edited by Victoria Watcher, 11 December 2025 - 03:44 PM.

[LJ]

Mark Carney is playing 3D chess, unfortunately we lose...

 

https://x.com/JayGen...831936039490038

[Mike K.]

The notion in the article is that Canada is falling behind in keeping up with Islamist terror threats. This as several arrests were made in the US related to planned bombings in the LA area.

The group’s first Facebook post appears to be its mission statement: “Peaceful protest will never be enough,” and the “only way out is through resistance.” It tells its audience that they’re “up against fascist colonizers,” and they need to “stop marching in parades and fight back,” without explaining how. I guess that’s where the alleged bomb attacks come din.

…

So far, Canada has escaped several Islamist terror plots. In 2024, two Ottawa teens were charged with planning “to violently attack Jewish persons in Ottawa, possibly through the detonation of an explosive device at a pro-Israel rally at Parliament Hill,” according to court documents.

Also last year, a father and son’s terrorist plot was foiled in its advanced stages. It was later revealed that the father was the beheader in an ISIS video, which pointed to major holes in Canada’s national security vetting process.

A few months later, a Pakistani national that Canada had accepted as an international student was arrested on his way to New York, where he allegedly planned a mass shooting targeting Jews. And this summer, a Montreal teen was charged with planning an attack on behalf of the Islamic State.

A recent CSIS report made it clear that youth are increasingly being radicalized “through online echo chambers that promote hateful rhetoric and incite others to commit violent acts.”

Many Canadians may think such hateful and inciting rhetoric exists only in the deepest corner of the dark web, but today, that’s no longer the case. Support for the October 7 terrorist attack can be readily found on social media. Groups like the Turtle Island Liberation Front that inspire people to commit violence should provide a stark warning to Canada.

- https://nationalpost...estinian-groups

[Mike K.]

Former federal Liberal minister-turned provincial Liberal party leader has overseen the implosion of the provincial Liberals, leading to a likely PQ victory that may lead to another secession vote.

Quebec, by the way, is such a mess.

As Quebec lurches ever closer towards a third separation referendum, an old-fashioned Liberal vote-buying scandal might have just removed the last barrier to its occurrence.

Pablo Rodriguez resigned as Quebec Liberal leader this week amid two major corruption allegations against his party, one of them involving cash-filled envelopes.

Rodriguez maintains he had nothing to do with either of them, saying, “I regret absolutely nothing.”

But the immolation of the Quebec Liberals only solidifies the likelihood that the Parti Québécois will sweep the province’s 2026 election. Once in power, PQ leader Paul St-Pierre Plamondon has promised he will be pulling out all the stops to hold a third referendum on secession from Canada.

Quebec’s incumbent government, led by the Coalition Avenir Québec (CAQ) under François Legault, is currently plumbing new depths of unpopularity. As such, the deeply federalist Quebec Liberals were widely seen as the only realistic force to thwart the PQ’s ascension.

But under the tenure of Rodriguez, the party’s popularity has cratered and given the PQ an overwhelming polling lead.

- https://nationalpost...ebec-referendum

[LJ]

Go Paul go!

[Mike K.]

Thanks to your federal government:

A former university football player who sexually assaulted two women has been sentenced to just two years in prison because he is black and was feeling intense pressure around the time of the attacks, the judge said.

Omogbolahan Jegede, 25, had choked one of the women almost into unconsciousness.

“It should be noted that but, for the contents of the Impact of Race and Culture Assessment (IRCA), the pre-sentence report and all the mitigating factors surrounding Omogbolahan (Teddy) Jegede, this sentence would have been much higher,” Justice Frank Hoskins said in his Nova Scotia Supreme Court decision on Wednesday.

…

The author of an Impact of Race and Culture Assessment, a report funded under a new initiative from the Trudeau Liberals, wrote that Jegede was feeling intense pressure around the time of the assaults and did not have culturally appropriate support to turn to.

…

Hoskins said the IRCA “provided valuable insight. It has provided me with an understanding of Mr. Jegede’s background from a social, cultural perspective.”

Article content
However, he also circled back to the ” two very serious sexual assault and offences against two different victims at the same school, in similar circumstances, approximately five months apart, which is concerning, because it suggests that Mr. Jegede may be dangerous … In other words, this is not an isolated incident involving one victim, the nature of both offences and their immediate lasting consequences make them very serious offences.”

- https://nationalpost...use-of-his-race

[LJ]

[max.bravo]

This is the fastest way to turn the general public against CRT. We deserve what we voted for.