Inflation is a serious problem in the country. Only thanks to ... sorry, because of it MP salary had to be near-doubled in two decades only inflation and nothing to with enrichment, really!
So, at what rate should Canadians pensions and other public payments be indexed? One can examine the longread. Why though? We have a very good method that proved so well for our esteemed leaders (85% automatic raise in two decades) and so why not for a regular Canadian?
That's right, the same formula used for annual raises of MPs, ministers and judges applied to our age pensions; veterans pensions, benefits; tax brackets and so on.
Imagine in two decades pension near doubled and through no fault of ours, just inflation. Non taxable amount went up 85% (from around 15K to 27). Not bad, eh?
Great idea, right? And why, why haven't we thought about it before? We are all together and all Canadians after all, so obvious, and let's get down to it no time wasted.
So, how about "Real Equitability Act": no public service cost or tax; no compensation paid to a public figure or employee (unless set in collective bargaining, for a member) can increase more than indexation of pensions and benefits of the citizens.
So which party wants to take the lead in this very worthy, highly equitable and in great Canadian spirit of togetherness undertaking?
Did we hear anyone? Hello?
Anybody there?