One for all, and all for one. . . . Companies should no longer be concerned about supporting their employees from start to retirement. Their job is to do business, manufacture or serve.
All benefits will be available from our federal goverment - pension, dental, healthcare, extended health and life insurance. Companies would just pay the employee the agreed upon salary, nothing else, and worry only about their business.
People would pay their share of benefit costs through taxes, like everyone else. The benefits would be same for all working people, imagine that.
Yes, it would increase our debt, but who cares?
Look at Greece, Spain and Italy. They are in trouble, but they don't care. Also, we can do like them and pay all Canadian employees one month's salary for a Christmas bonus. Great, eh?
The only companies that can take employees from start to pension are monopolies, such as BC Hydro, ICBC, Fortis. These companies can pass on their cost increases to consumers because they have no competition.
That's great, but this creates a two-tier benefit system. Give me competition to these monopolies and all other government services.
The benefit is that all would be treated equally. When we walk into a federal, provincial or local government office, we could feel that we are equal and not have their entitlements thrown in our face.
The best thing is that if the financial deficit hits the fan, then we all would pay equally.
Recent developments have resulted in employees of these companies having their pensions protected, and that's great. But all pensions should be protected. There should be only one pension plan for all, the Canada pension plan, including all other health, dental, life insurance benefits.
The market system is dead. Let's treat all working Canadians the same.