Search results
Jun 3, 2016 · Canada AM first hit the airwaves on Sept. 11, 1972 as Canada’s first morning television news program and ran for 43 seasons.
Canada AM was abruptly cancelled last Friday and the media company said it would make an announcement the following week about what is going to fit into the early morning time slot. On Monday,...
Canada AM Hosts Carole Taylor, Dennis McIntosh and Percy Saltzman appear on Canada AM’s television debut in 1972.Subscribe to CTV News to watch more videos:...
- 1 min
- 16.6K
- CTV News
Jun 2, 2016 · Canada's oldest national morning TV show is going off the air Friday, one day after Bell Media abruptly announced it was ending the 43-year run of Canada AM to make way for a new, as yet...
- Old-Age Pension
- The Old Age Security Act
- The Canada Pension Plan
- The Guaranteed Income Supplement
- Spouse's Allowance
- Debating Pension Reform
- RRSPs
- Reform Attempts in The 1990s
- Changes to The Canada/Quebec Pension Plan
The old-age pension is a government initiative to help Canadians avoid poverty in retirement. It has changed from a strictly anti-poverty measure, that often humiliated the elderly, into an accepted, mainstream aspect of post-work life. Some fear the system is unsustainable and heading toward bankruptcy, while others argue it is financially sound.
The first old-age pension was enacted by the federal parliament in 1927. It was jointly financed by federal and provincial governments but administered by the provinces, as pensions were considered a provincial constitutional responsibility at that time. The plan paid up to $20 per month, depending on other income and assets, and was available to B...
The universal Old Age Security pension had been raised to $75 per month by 1964, but it was widely acknowledged as inadequate. To alleviate this problem over the longer term, the federal government (after a further amendment to the BNA Act) introduced the Canada Pension Planin 1965, while Québec launched its own scheme, the Quebec Pension Plan, sim...
As the C/QPP would not pay full retirement benefits for 10 years, and to assist those low-income seniors already retired, the federal government, through an amendment to the Old Age Security Act, introduced a tax-free, income-tested supplement beginning in 1967. It was available to pensioners in receipt of the Old Age Security Pension, but who had ...
In 1975 the OAS/GIS was improved for a small proportion of the population by a Spouse's Allowance (SPA), which provided an income-tested supplement to low-income elderly couples where only one person receives the OAS/GIS and the other is between 60 and 64 years of age. In 1985 the program was extended to low-income widows and widowers between the a...
Old-age pensions became a topic of ongoing national concern starting in the mid-1970s, chiefly because of high inflation rates and their effect on fixed incomes. A federal Green Paper (1982) identified the two goals of the Canadian pension system as ensuring elderly persons a minimum income (the anti-poverty objective) and maintaining a reasonable ...
In 1957 the federal government introduced changes to the Income Tax Act to encourage self-employed Canadians to provide for their own retirement. Money placed in a Registered Retirement Savings Plan (RRSP) account, as well as investment earnings on the money, are tax-deferred until withdrawn on retirement or earlier. Self-employed professionals wer...
When the Liberals formed the government in 1993, they also confronted the need to reduce the federal debt and deficit. The government argued that because of the aging of the Canadian population the number of seniors would more than double in Canada by 2030. Therefore some adjustment in pension arrangements was needed if the system was to remain fin...
Every five years the federal and provincial governments review the operations of the C/QPP. During the 1990s the CPP was the subject of much gloomy speculation. The aging of the Canadian population, the unexpected increase in disability pensions and the declining ratio of workers to retired persons meant to some observers, notably those associated ...
Jun 6, 2016 · CTV will launch Your Morning, replacing the long-running Canada AM, later this summer, with the hosts of the new show to include (from left) Melissa Grelo, Ben Mulroney and Anne-Marie Mediwake.
People also ask
When did Canada AM start?
What happened to Canada AM?
Will CTV replace Canada AM with Your Morning?
Who has been on Canada AM?
When will CTV News Channel simulcast in Canada AM?
What channel is Canada AM telecast on?
Jun 3, 2016 · The three hosts sounded chipper as the program began, sharing photos of Canadian flags along the Toronto waterfront, a Maritime iceberg and a Quebec barn.
