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Cake day: June 30th, 2023

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  • The survey, conducted only every few years, shows home-owning families whose main earner was 55 to 64, and who had an employer-sponsored pension, had a median net worth of $1.4 million in 2023. Renters without a pension plan in the age group had a median net worth of $11,900.

    Home ownership was the main factor in the difference, as those who owned their home but didn’t have a pension had a median net worth of $914,000, while those with a pension but did not own had a median net worth of $359,000.

    The picture in the report was similar for families whose main earner was under 35, as the median net worth of those who own their principal residence was $457,100, compared with $44,000 for those who don’t.



  • I’ve made exponential profits on CNQ and fully understand how much money is generated from O&G. I’m also fully aware that many people lives will have a substantial negative trajectory due to current climate change conditions.

    You can’t keep going to this big profits small costs argument without details of how much benefits and burdens is allocated to the parties involved.

    Also to be upfront about it. I find your grammar thing to be rather annoying so this will be the end of the conversation for me.





  • Is there something wrong with these people. Why are they pretending our Prime Minister didn’t clearly state he WILL NOT BRING DOWN HOUSING PRICES FOR OWNERS.

    Any solution that costs home owners equity is not a acceptable solution for the current government or essentially anyone else you can currently vote for. That conversation is over, if people want affordable housing they’ll have to wait till the majority of Canadians are willing to vote for something that involves housing prices going down and probably proper representation.

    This is not the type of conversation that’ll do anything for the housing problem. People need to move from fantasy to realistic approach to solving problems.



  • The study suggests that work-life balance is a big contributing factor. Some of the biggest concerns from nurses include lack of control over their work schedules, mandatory overtime and a lack of shift flexibility.

    Wittevrongel said the situation in Alberta is worse than the national average. Nationwide, for every 100 Canadian nurses who started in the field in 2022, 40 below the age of 35 left the profession, according to the MEI report. That number is up 25 per cent from 2013. Click to play video: ‘Fears of health-care collapse from delay in pay deal for Alberta doctors’ 2:00 Fears of health-care collapse from delay in pay deal for Alberta doctors

    In comparison with other provinces, Alberta ranks fourth when it comes to the proportion of young nurses leaving the profession, sitting behind New Brunswick (80.2 per cent), Nova scotia (60.4 per cent) and Newfoundland and Labrador (50.3 per cent).





  • A calculation of Poilievre’s House of Commons pension indicates that he could draw more than $230,000 annually once he turns 65. That figure could grow considerably if Poilievre becomes prime minister following the next federal election.

    If Singh qualifies for his pension, he could draw more than $66,000 annually starting at age 65, the same estimates suggest.

    He estimated the current lifetime value of Poilievre’s pension at $1.75 million, assuming he leaves politics after this year, starts collecting his pension at 65 and lives until 82 — the average life expectancy in Canada. According to Trivedi’s math, Singh’s lifetime pension is worth an estimated present-day value of $502,000.



  • It’s about the money.

    B.C. United MLA Karin Kirkpatrick told CBC News the party has expenses and financial commitments to pay. She pointed out that by running some candidates and winning a certain percentage of the votes, the party could be eligible for the $1.81 per vote subsidy from Elections B.C.

    “It seems ridiculous but in some ways it would be irresponsible — because of their financial obligations — not to run candidates and risk not getting that money back from Elections B.C.,” she said.



  • The social media accounts of two of Canada’s most vocal far-right pundits have fallen unusually silent after U.S. officials accused them of being collaborators of a covert Russian propaganda campaign.

    On Wednesday, the U.S. Justice Department unsealed an indictment against two Russian nationals, accusing them of setting up a conservative media outlet as a front for pro-Kremlin propaganda.

    The media outlet was unnamed in the indictment, but it was clear from details within that the charges referred to Tenet Media, founded in 2023 by the Canadian influencer known as Lauren Chen and her husband, Liam Donavan.

    Among the people they hired last year was Chen’s longtime friend and occasional collaborator Lauren Southern, another Canadian far-right influencer with a massive social media following.