WHITBY, ONTARIO--(Marketwire - Dec. 17, 2010) -- Ontario Federation of Labour President Sid Ryan, unions and community members have just occupied Jim Flaherty's office, 701 Rossland Road East, Unit 204, Whitby, stunned by his last-minute betrayal of Canadians' retirement security.
On the eve of the Kananaskis provincial finance ministers' meeting, Flaherty has dumped the expansion of the Canada Pension Plan (CPP) and put all Canadians at the mercy of the banks, mutual fund and insurance industries.
Most Americans do not know it. When they hear it, many people do not believe it. Since the early 1980s, in the U.S., most income gains have gone to the top one per cent of income earners. From 2002-07, two-thirds of new income went to one per cent of Americans.
Going back further to measure the period from 1993 to 2008 and comparing, one-half of new income had gone to one per cent of Americans -- with 99 per cent of U.S. residents getting the same increase in income as the top one per cent (defined as those earning over $308,000 in 2008).
How many jobs have you had? Operation Maple gives us this upbeat workers montage of all those jobs in Canada. Canada only works if we work right?
The recently announced free trade deal between Canada and South Korea has raised the ire of several unions, who warn that it could have a detrimental effect on Canadian workers. Here are four things unions are worried about now that trade is about to open up between the two countries.
1. It supports trade imbalances