Dear Editor
Let’s take a minute to consider how many times, in recent history, the federal government has permitted Canada Post’s executive team to defer Canada Post’s obligations to the employee’s pension fund, and it becomes obvious why the pension fund is in a deficit position.
Governments at all levels have been systemically failing in their obligations to fund the employers portion of employees’ pension funds, and they are now trying to get out of their obligations, by changing pensions, from defined benefits, to defined payments, with no guarantee as to what employees can expect to receive, when they retire.
Meanwhile these same governments are still siphoning off dividends, even when these Crown corporations are in record debt, and executive salaries, and bonuses keeps increasing. Does it really make sense to pay ever rising salaries and bonuses to executives, when they are at the same time creating debt?
J. Wayne McQueen, Burnaby
