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WArEluooCHntmche-Wedrmdemulyu.zoio-i7 \‘ ' w v I C www.kw-glc.com ' ’ ' - Rate of the Week- 0 VII lg re 1° 9111811 lllCOllle Guaranteed mm can-rm above the higher thresh- consensus we are rela- ... COMPARE ' old can take care of tively secure now. but ArtSt'nclat'ILsVu‘ePIesF KW'G'c mmmwm l >l l\l \ l \\ themselves. while those down the road there may dent with the Greater vs. \I \|“RS below $30,000 Can be dire consequences if KilchenerWaterIoo Retail Bank Rates -mm-m ‘ ' ‘ acquire replacement significant action is not ChamberofCommerce an. 4 fl ‘ , income from a variety of initiated. ‘flmwm that“ W006 by KW-GlC “M W000 , , I 31225 “new" “PM" 279 Weber St. N., Waterloo . 519-747-8123 ' l From the perspective 1 - . n of another major stake- )“ holder in the pension In ' debate â€" employers â€" , the Canadian Chamber ® ‘1 ' g: ' Q Jfi ofCommerce,inapres- HyunDH' §§355§§°g§ 1~ entation last April '£1l§’ nggg ARI before the House of " ° SINCLAIR Commons Standing OUR SMARTEST OFFERS EVER Sign??? Committee on Finance. is: $5514 also noted that while i is, E i hardy after Finance the current system is , , ,_ y ‘_ , TV _ fl ,_ 5; SEE S Ministeer Flaher- relatively sound, there p . i? O/ ’ -*‘ i , - f i l l e ty delivered the are gaps and deficiencies S j f O i i u , ' “5; 3,5“; 2010 budget. his depart- that need remedy; ; 7 : §§ 8 if ment announced the The CCC'estimates (i f 3-3 hi}; hi commencement of con- that approximately 50 ' I J“ ' ’ Eff {fig} sultations on the future per cent or private sector is; 3; n§§ of Canada's retirement employees 03V? no ‘- lg 51,1 income system. retirement SEWING-“i PhD-5 ' ' ’ ' ' ' ‘ ‘ ‘ fiqgggglg At that time. the feds In Place, Wthh has 1m!» g 5 , If noted that results from ated Significant debate 5 g is f their initial discussions over P0190"? measures g fig 3 would provide the basis {OK ensuring these i’j fig, ii (of intensive pension disâ€" indrvtduals have all; _ . " ; cussions manupoomjng improved access to “if; [ii federal-provincial employer~sponsored ~ I sf 1 finance ministers meet- Pm- _ l i as ing. In response, POlICY ”mt ”WU” autumn-comm if! f as 3 Provincial govern- and regulatory changes 1 l ' ments, also recognizing §h0U1d focus 0" WNW- c A 5. i } h’f 5 the potential magnitude mg defined contribution $3 850 -‘3 600 .2 000 33:38 i of issues related to post- pension plans and SIOUP I I I I it“ 5 retirement income secu- mpg (0 make “if"? “55 ' 3 a ' t°,§ rity, initiated their own 9031137» and admimstra- {E its; : processes [or engage- tlvely easrer, for small 0 “ O ' 0 ' ‘ R! .!955 New i, , f‘i’iii‘ in early June, Ontario- a er Y genera Y A' _ ' 5 B 3 Finance Minister Dwight agrees and Indicated the _ .L ..., 4575 Mi 5 533° Duncan conducted a national PUbllC penSlon , h" “ iqi I f meeting with provincial system ShOUld lbe f. ; , QSQfigggr business, labour and expanded, 31008 Wlih _ - ' ‘- “‘ ‘ ‘- i fit?“ i financial leaders in Hedging new option: for uni-Malawian m'“"'"" “mum-nan ‘h"""" (“h-"M 3415515? Kitchener to formulate a w‘ er range 0 WOT ers, mull-l. antim- i “Mn“ (mumm- m 4 an Ontario position for specifically support ffi" Gum" “MW Gm‘“- MM (5 Emumm 53d“, {13 the federal-provincial self employed Canadl- if p: o ministersmeeting, ans, smiill busmesses ”mum mmnuum a.“ 5 According to a report and other workers not ottoman-ammun- 'anmwu- 1mm 33 i =l§ released last month from covered by corporate his“. , in wet i A 5715‘s” , __ "5 ”it 5 TD Bank Financial plans i “i I «4 , a r “if” "- ilgl t I!!- Group, there is no pen- Changes to federal tax w i * 1 fl .. {Mi’fi‘ “f i 3 31,2; sion crisis in Canada â€" "1195 and pensron stan- . .;L ‘ ~' ' . e‘~ "3?“ ' ' ‘ g I at the moment_ dards at the federal and g; ‘1 its? is“) 3§F531355° The majority of provincial levels will lead ";.' ‘ ’ ll {Hi 5 retirees across the nation 10 the required flexibility ”a ' f r i §h§fli 3, are maintaining their for banks and Insurance ‘ g ' 5 l” 5 standard of living after companies (0 0?“ lofwâ€" ,. ~. ' - ‘ I g] I; g. leavin the workforce, COS! penSlon P ans 01 ' . ‘ nc" M ’. howevegr â€" big however more workers. ' h > -i~ ‘ of” 1M 4 ‘ if 9 ' ls}, â€" approximately 20 to 25 Jun Leech, Chief exec- ” it . "“ 5g“! is per cent of current utive of the Ontario ..._ ‘ _ â€" ’ gig ; - retirees are unable to Teachers’ Pension Plan. tau-fin.- te-iâ€"e-i. uni-em.- {a g", replace an adequate toldaToronto business MWMMM wan-minim anfinfi‘mml-w ' ii 5 amount (60 to 70 per audience W311 “$1380 13339 J cent) of the" Dre-reuni- 3230“ fr” "3“ "‘ me SMART LEASE OFFERS ALSO AVAILABLE lrj iii A ' ment income. 5- pension reform 5 YEAR mm“.mfumm a -g At the meeting in gogld blithje lszue that m igguifi; Kitchener last month e nes is eca e. l ( 3? with Duncan. TD Chief We ShOUld give bOlh whoop ”M _, ) H Y U n D fil I {figlgig Economist Crai Alexan~ Ottawa and 0090713 Park i der expiainedgmai the man for recognizing an m mo A was Fl, llll greatest at-risk popula~ emerging is?“ and com- M0 Hyundai Mil-lot" Hyundai Cambridg- "Wm' A I i, ' tion are those working mencing discussions on 44 Alpine Rd. 825 Davenport Rd. 1962 Eagle St. N. g In ’ and earning $30,000 to avoiding a national crisis. Kitchener, 519-742-4400 Waterloo, otsmzazs Cambridge, ole-ewsoao 3” {I “5 l, 580000 annually. People There seems ml)? 3 www.alplnohyundal.ca www.schluetorhyundai.ca wwwcambridgohyundaica ' ° '