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I guess when Retired Teachers Association president Pat Bowslaugh made the comment that retired teachers have been frightened, threatened and hurt by the NDP government, she wasn't aware that there was to be an aside to the article where it was pointed out that Gary Doer and the rest of his NDP union lapdog MLAs had already committed an additional $1.5 billion to the basic liability of the teachers' pension and have now committed a further $130 million to cover the COLA portion. These facts make Bowslaugh's statement ludicrous. What Manitoba taxpayers should find more perplexing is that the teachers' pension fund finds itself short in these boom economic times. If the fund can go broke during this past period of tremendous economic growth and bull markets, what will happen over the next...
... year after year looking for more taxpayer bailout money. . Given the market conditions over the past...
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The move was approved by the governments of Canada and Ontario yesterday, the same day Chrysler filed for Chapter 11 bankruptcy protection in the United States and took the first step into a merger with Italian automaker Fiat SpA. Harper noted that it was former U.S. president George W. Bush - whom he described as "a conservative," although many staunch fiscal conservatives might disagree - who first set in motion this type of state intervention in the auto industry, and governments today are simply following through on that plan.
... board of directors is what Canadian taxpayers get in exchange for providing an additional $2.9 b... the case for this latest taxpayer-funded bailout yesterday, saying it's not an ideal situation, but...
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... UNFPA stands to gain $250 million in US taxpayers' money annually. . Jan. 28. * President Obama tellls Democrats to remove a bailout for the Planned Parenthood abortion business ($200...
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The fresh infusion is on top of $12.5 billion in taxpayer money Detroit-based GMAC has already received from Washington. The new agreement will boost the federal government's ownership in GMAC to 56 per cent, from 35 per cent.
Even with the government upping its stake, Treasury officials said the government intends to stick to its policy of leaving day-to-day business decisions about financing to GMAC management.
Companies say they will add more employees to their payrolls in 2010, a trend that will be widespread across most provinces and industries," said Hunter Arnold, managing director of CareerBuilder, an online job site.
... aid, which comes from a taxpayer-financed bailout fund, is less than the roughly $6 billion the gove...
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I'm going to try to be very visible," he said Wednesday from L.A. "I'd like to connect with the university and do some teaching.
Rei Hotoda, whom [Alexander Mickelthwate] hired last year as his assistant conductor, lives in Wolseley. Her husband and son have remained in the U.S. pending Mickelthwate's decision to renew her two-year contract, [Dale Lonis] says.
The WSO will kick off its 60th season Sept. 28-29 at the Centennial Concert Hall with Mickelthwate conducting Hector Berlioz's Symphonie Fantastique and guest pianist Louis Lortie playing Ravel's Piano Concerto in G Major.
...-standing deficit, thanks largely to a taxpayer-funded bailout, stemming from administrative chaos...
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Given that $3 billion worth of taxpayer money is about to be loaned to this faltering company, an amount matching its entire Canadian investment for the past three years, one might've expected a showcase daylight hearing, hard MP questions, truthful GM answers and perhaps some executive remorse for saddling taxpayers with the cost of their corporate failure. Nobody questioned why a federal government that forces small charities to fill out dozens of long applications for modest grants is satisfied with a 52-page General Motors request which, if you strip away the executive summary, the puffery of the company as "woven into the very fabric of Ontario and Canada" and assorted appendices, amounts to just 20 pages.
... a new subcommittee studying the largest bailout in Canadian history. Given that $3 billion worth o...
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According to PC Leader Hugh McFadyen's letter to the editor ('Provincial government ignores livestock woes,' Feb. 9), the pork industry in Manitoba needs "immediate assistance to help weather" its current economic crisis. Taken together, the price tag for Manitoba taxpayers of McFadyen's hog industry rescue package could be as high as $412 million, or roughly $86,000 for each of the 4,776 direct and indirect jobs that the George Morris Centre estimates are attributable to hog production in Manitoba.
... in mind here a taxpayer-funded industry bailout? If so, what is the potential size of the package ...
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Re: Bus firm ready to hit highway (Sept. 4). Greyhound is being absolutely ridiculous blaming the government for its financial woes. This is no one's fault but their own.
... they have the nerve to come to us, the taxpayer, asking for $15 million in bailout money to fill t...
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Equalization payments are projected to decline because payments are based on a complicated formula driven in part by the provincial government revenues of strong provincial economies. So, when the economies of former powerhouses like Alberta and Ontario falter, so, too, do equalization payments.
Equalization isn't like most other program. Its costs, payments, are designed to fluctuate based on relative performance of the provinces. When large strong provinces do well economically, payments rise. And rise they have. Payments have grown from a total of $8.6 billion in 2003-04 to today's high of $14.8 billion -- a 72 per cent increase in six years. Equally, when large, strong provinces don't do well economically, payments should decline.
British Columbia, Alberta and Saskatchewan don't rec...
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I read your editorial comment in the Jan. 28 Free Press headlined It's discrimination, and was shocked by its lack of objectivity. The author seems to be taking the lesbian couple's allegations against the doctor and clinic as the truth despite the fact both the doctor and clinic deny the doctor refused to treat the couple. The doctor and clinic's side of the issue was printed in the same newspaper edition (MD did not refuse lesbians, clinic says).
It's interesting to note that even with the promise banks would have money to lend, many banks are giving their longtime middle-class customers the "third degree" when applying for consumer loans. At the end of the day, who really benefits from this bailout? What guarantees, controls and regulatory practices are being implemented so financial...
...So yet again the common taxpayer is being burdened for maybe the next 10 years so t...