London Summer Olympic 2012 has many new World Records
This year's Olympic has many new World Records. They can be from Swimming, Field and Track and other events. Is this going to be the new trend of the Olympic as the athletes are now well trained with better nutrition or other help? I believe all of the above with the government support providing the proper funding for the Athletes for training. Training can be physical and psychological. I believe it is the human's mind you need to train so they will have the will to win and do their best.
For the best physical condition, proper training with the proper diet and rest can also affect the result of one's performance. Congratulations to all those participated in the Olympic. That includes the coaches and the supporting personnel.
The YOUNG Report on Retirement (if have time)
Issue 4, February 2012
Wai Young, MP
Hon. Stockwell Day, Mark "Dashan" Rowswell (Canada's Goodwill Ambassador to China),
Hon. Ed Fast
Min. Gerry Ritz, Min. Ed Fast, MP Costas Menegakis, MP C.S. Leung, MP John Carmichael,
Min. Alice Wong, Min. Joe Oliver, MP Wai Young, MP Michael Chong, MP Daryl Kramp
Successful Trade Mission to China - Earlier this month, I was honoured to accompany Prime Minister Harper on his trade mission to China. As China and the Asia-Pacific emerge economically, Canada's economic prosperity and future are strengthened by nurturing and diversifying our relations with countries in Asia.
This was a historic and productive mission on many fronts. The 22 agreements reached will elevate the Canada-China trading partnership to a new level, which will strengthen Canada's path to economic growth and job creation here at home These agreements include the issues of energy, natural resources, science and technology, tourism, agriculture, and exchange programs.
From Beijing to Guangzhou and finally to Chongqing, Prime Minister Harper was successful in promoting Canadian business and cultural interests in China -- including the Chinese-translation of the Anne of Green Gables and the Calgary Stampede! He was also able to have a frank discussion regarding the strengthening of human rights and freedoms in China.
Retirement Benefits - One of the responsibilities of the Government is to ensure that programs are sustainable. The greatest challenge in managing retirement benefits is dealing with demographic changes that can stress existing programs. With the Canadian population aging rapidly and living 10 years longer (OAS retirement benefits were set 60 years ago), many other OECD countries have changed their benefits to 67. When considering our aging population, Canada must also consider future changes to keep our retirement benefits sustainable for the future generations.
Currently, Canada's retirement benefits include:
- Canada Pension Plan (CPP) is a federal pension plan with payments based on a person's cotnributions. This plan is fully funded and it is in good shape, and there are no plans for change.
- The Guaranteed Income Supplement (GIS) is additional income paid to low-income Seniors and is also funded annually out of tax revenues collected that year. Recognizing the needs of low-income seniors, our government increased the GIS benefits in 2010.
- Old Age Security (OAS) is funded not by contributions, but funded on an annual basis from tax revenues collected that year. It is a benefit program based on income and years of residency in Canada.
OAS has recently become a common topic of discussion. Here are some facts:
- When OAS was introduced in 1952 the age of eligibility was 70 and the life expectancy at the time was age 66 for men and age 71 for women.
- The age of eligibility for OAS changed in 1965 from age 70 to 65 and the age expectancy at that time was 68 for men and 75 for women.
- The eligibility age for OAS today is 65 and life expectancy is age 79 for men and age 83 for women.
- The cost of the program will triple from $36 billion a year to $108 billion per year.
- In 1975, there were seven people contributing for every retired person. Today that has dropped to four people and by 2030, there will be just two working people for every retired person.
Our longer, healthier lives are placing increased stress on the system. Knowing that these changes are coming is why our Government is reviewing our programs to plan ahead and consider options. Options considered will ensure that retirement benefits are there for those who need them in 20 years, and all Canadians will have adequate time to implement any changes.
To be clear, there will be NO CHANGE in benefits to those who are retired or those nearing retirement.
We are looking farther down the road and considering changes with ample time ahead so that Canadians can plan their retirements a generation from now.
Despite opposition spin on this issue, our Conservative Government is committed to protecting the sustainibility of this program so that it will be there for our children and for future generations.
I want to acknowledge NDP MP Irene Mathyssen's comments in December when she stated, "Issues facing seniors are only going to intensify as more Canadians reach their senior years... Action now is critical - we need a plan in place, we need the structure in place to deal with this dramatic shift in our country's demographics." (News Release, December 5, 2011). I encourage the rest of her colleagues to be clear with Canadians and work with us so that we can protect this important program.
Government's Record on Seniors - Our Government has a strong record of standing up for our seniors. Among various initiatives, we have:
- Removed more seniors off the income tax rolls than any other government, including eliminating federal income tax for 380,000 low-income seniors.
- Increased the Guaranteed Income Supplement - the biggest increase in 25 years.
- Increased the Age Credit twice to increase the amount of income that can be earned without tax consequences.
- Allowed seniors to split their pension income for tax purposes.
- Invested $400 million in better housing for low-income seniors.
Bill C-30 - "Protecting Children from Internet predators Act." Due to rapid changes in technology, the legal framework and investigative processes have not kept in pace with the evolution of the internet. This bill will expand the investigative capacity of law enforcement, but not without stringent limits. Unfortunately, there has been some misinformation thrown about regarding this bill. To learn more about the Myths and Facts, please visit http://www.publicsafety.gc.ca/prg/ns/mit/mfs-eng.aspx
Monthly Tip: Canada Summer Jobs Program - Again this year, the Canada Summer Jobs program will provide funding to not-for-profit and public sector organizations with 50 or fewer employees to create summer job opportunities for students aged 15 to 30 years who are intending to return to their studies in the next school year. The application deadline is February 29, 2012. Interested organizations can apply online at http://www.servicecanada.gc.ca/eng/epb/yi/yep/programs/scpp.shtml
CANADIAN SENIOR CITIZENS DESERVE BETTER
Refugee income from our government
* It is interesting to know that the federal Government of Canada allows:
A monthly pension of: $1890.00 to a simple refugee
Plus: $580.00 in social aid
A grand total of: $2,470.00 monthly
X 12 months
$28,920.00 annual income
Pretty good for doing nothing.
Old Age Pension of a senior citizen income
By comparison the Old Age Pension of a senior citizen who has contributed to the development of our beautiful big country during 40 or 50 years CANNOT receive more than:
Amount/month $1,012.00 in Old Age Pension and Guaranteed Income Supplement
X 12 months
$12,144.00 annual income
A difference of: $16,776.00 per year
* Perhaps our senior citizens should ask for the Status of Refugees instead of applying for Old Age Pension.
* Let us send this message to as many Canadians as possible and maybe the allowance of refugee could then be reduced to $1012.00 and that of our Canadian pensioners raised to $2470.00 per month. (Who actually deserve it) the money that they have been paying in income taxes for 40 or 50 years.
INCREDIBLE NONSENSE!!! OUR CANADIAN SENIORS CITIZENS DESERVE BETTER
Prepare now for an earthquake in British Columbia
We should well prepare for this if anything happens. Seismic experts say we can expect a major destructive earthquake in British Columbia. We don't know when this will happen. But we do live in a region where some of the largest earthquakes in the world occur.
For your Safety: Passed along by Police Department & Courthouse
Several things to be aware of this year...as gangs and robbers are now plotting different ways to get a person to "stop" their vehicle. Please send to your friends.
1) There is a gang initiation reported by the local police department that gangs are placing a car seat by the road with a fake baby in it.... waiting for a woman, of course, to stop and check on the baby...
Note that the location of this car seat will usually be beside a wooded or grassy (field) area ...and the person - woman - will be dragged into the woods- beaten and raped- usually left for dead.
DO NOT STOP. DIAL 9-1-1 AND INFORM THEM.....
2) IF YOU ARE DRIVING AT NIGHT AND EGGS ARE THROWN AT YOUR WINDSHIELD. DO NOT OPERATE THE WIPER AND SPRAY ANY WATER BECAUSE EGGS MIXED WITH WATER BECOME MILKY AND BLOCK YOUR VISION UP TO 92.5% SO YOU ARE FORCED TO STOP BESIDE THE ROAD AND BECOME A VICTIM OF ROBBERS. THIS IS A NEW TECHNIQUE USED BY ROBBERS.
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