Blog

August 25, 2017

Texting & Driving – Drunk Driving for a Modern World

I emailed a friend this morning to negotiate a date for a future meeting. He emailed me back with a suggestion that wasn’t going to work […]
August 16, 2017

New Commuted Value Standards – The Fair Value of a Pension

  As Actuaries, early in our careers we learn the concept of a commuted value. This is the lump-sum payment paid to terminating (and sometimes retiring) […]
August 1, 2017

Sears Canada – Retention and Retirement

I didn’t think much of it when news came out in June that Sears Canada had sought bankruptcy protection. Companies take wrong turns all the time […]
July 24, 2017

Too Late to Complain about Enhanced CPP

Earlier this month, an op-ed article by Rob Brown in the Globe and Mail referenced a recent study by Bob Baldwin and Richard Shillington, which takes issue […]
June 30, 2017

Transitional Measures for Funding Valuations Performed in 2017

In our client memo dated May 23, 2017, we discussed the Ontario Government’s announcement of the changes to the funding framework for Defined Benefit Pension Plans.  […]
June 26, 2017
picture of students taking an exam at school

Let’s be honest with our teachers

School is almost out for the year and our kids are looking forward to a break. If I was a teacher I would be looking forward […]
June 6, 2017

Minimum Wage Changes – Maximum Velocity

I have said in the past that I am not interested in politics, don’t understand politics, and don’t align myself with a political party or movement. […]
May 29, 2017

Scary New Powers for the Superintendent

Recently overshadowed by the big announcement on the new funding framework for defined benefit pension plans, earlier this month the Ontario government issued a pair of […]
May 12, 2017

The Music Just Stopped – Housing Prices, Home Capital and Moody’s

I hope readers all remember the childhood game of musical chairs.  Kids walk in a circle around a set of chairs while music plays – when […]
May 2, 2017
educating our children, photo of a recent high school graduate hold a sign that says senior

Educating our Children II – The demise of letter grades

Driving home from Toronto a few weeks I caught a program on CBC about the elimination of letter grades on report cards in Maple Ridge, BC.  […]
April 26, 2017
A photo of a financial advisor pointing something out to a client on a computer monitor.

Financial Advisors, lack of regulation holds consumers back

In March, the Ontario government quietly released the Final Report of the Expert Committee to Consider Financial Advisory and Financial Planning Policy Alternatives, which the Liberals […]
April 19, 2017

The End of Improving Mortality

I have long argued that mortality rates in Canada, and around the first-world more generally, may not be destined to improve indefinitely. This skepticism is rooted […]