This presentation discusses issues related to unions.

1. Private and Public Unions -
Canada
BY: PAUL YOUNG, CPA, CGA
DATE: MAY 29, 2019

2. Disclaimer
 This presentation is one opinion on unions

3. Paul Young - Presenter
Bio
 CPA/CGA
 25 years of experience in Academia, Industry and Financial solutions
 Youtube Channel - https://www.youtube.com/channel/UCAArky1bAXPSuV2NLtUnyLg

4. Agenda
 Union dues
 Union dues purpose
 Pensions
 Issues
 Lobbying
 Blog – CPPIB
 Oversight
 Justin Trudeau and the Media fund
 What’s next

5. Union Dues
 Union dues are a regular payment of money made by members of unions. Dues
are the cost of membership; they are used to fund the various activities which the
union engages in. Nearly all unions require their members to pay dues.

6. What does your dues fund?
 Your dues pay for experienced staff, including specialists in bargaining, grievance handling,
pensions, pay equity, benefits, health and safety, human rights, communications, education,
research, organizing and more.
 Your dues pay for a network of regional offices and membership centres, bringing OPSEU
resources to communities across Ontario.
 Your dues pay for all member expenses, including travel, accommodation and meals for
bargaining, grievance hearings, education, conventions and conferences. Your Local doesn’t have
to cover any of the essential “big ticket” items.
 Your dues pay for skills training so you and your co-workers can run an effective Local and
participate in the decisions affecting the union.
 Your dues allow you to book off members to do union work without losing pay.
 Your dues pay for skilled representation if your employer violates your contract.

7. Pension
Funding -
Private Sector
and Public
Sector Unions

8. Issues facing Unions
 Members living longer
 Low market returns on pension funds
 Less new members
 Lack of training programs - https://www.slideshare.net/paulyoungcga/2019-
election-human-capital-and-skills-management-may-2019

9. Unions and Election Support
 Election lobbying
CBC Article

10. Blog - CPPIB
Diane Cox
 I am all for a good debate when it comes to policy, but people need to stop including links unless they are going to debate merits of the
contents.
 I have done allot of work on many policies as I am about solutions.
 I am not sure you are looking at all angles.

 https://www.slideshare.net/paulyoungcga/retirement-pension-and-gis-canada-analysis-april-2019
 There needs a proper balance when it comes to government programs like OAS and GIS.
 Many EU countries raised the age for OAS to 67 as part of ensuring the OAS was sustainable
 Trudeau never looks whether anything is sustainable as he has left $18B structural deficit - https://www.slideshare.net/paulyoungcga/fiscal-management-cycle-
surpluses-deficits-canada-harper-vs-trudeau
 Market returns fluctuate due to many factors including economic policies
 Money market investments do not have the same return they did 30 years ago
 CPP enhancements do not help existing retirees
 CPP enhancements will not benefit millennials as they will not max out the CPP investment for 40 years.
 CPPIB is being used by the govt to fund their infrastructure - https://nationalpost.com/opinion/kelly-mcparland-justin-trudeaus-hidden-agenda
 FYI – Brison now works for BMO - https://newsroom.bmo.com/2019-02-14-BMO-Capital-Markets-Hires-Hon-Scott-Brison-as-Vice-Chair-Investment-Corporate-Banking

11. Union Oversight
 Bill 377 – Conservative Party of Canada
 Scrapped by the Liberal Party of Canada
Justin Trudeau oversight
and transparent
Government
Our country faces many real and immediate
challenges – from a struggling middle class
to the threat of climate change. If we are to
overcome these obstacles, Canadians need to
have faith in their government’s honesty and
willingness to listen. That is why we
committed to set a higher bar for openness
and transparency in Ottawa. Government and
its information must be open by default.
Simply put, it is time to shine more light on
government to make sure it remains focused
on the people it was created to serve – you -
See more at:
http://pm.gc.ca/eng/news/prime-minister-
justin-trudeaus-open-letter-
canadians#sthash.eenCEsm2.dpuf

12. Justin Trudeau and Media Fund
 Nice acting job! The problem as usual
is low on facts! Harper wanted
accountability when it came to how
union dues were spent as well as
options if people wanted to join
unions or not. It is abundantly clear
that @Justintrudeau has zero clue
what it means to be open, transparent
and ethical!

 https://www.facebook.com/LisaRaittM
P/videos/2324495144282453/
• “"I just don't think it's the
right solution. I think it
carries the potential to do
more harm to news
agencies' credibility than it
does to actually do
anything more than protect
existing systems in the
short term," he told
CBC.”Source -
https://www.cbc.ca/news/p
olitics/journalists-question-
media-bailout-1.5147761
• Unifor has done attack Ads
at CPC/Scheer -

13. What’s next
 All levels of government will need to undertake pension and compensation reforms -
https://www.slideshare.net/paulyoungcga/2019-election-issues-public-vs-private-sector-compensation-
canada-may-2019
 Media fund should be scrapped. The government has no business setting up panels to decide who gets
funding and who does not. https://www.cbc.ca/news/opinion/media-bailout-1.5147053
 Unions still have a place. Unions need to stop playing partisan politics and start supporting policies that
encourage economic growth - https://www.slideshare.net/paulyoungcga/2019-election-business-
competitiveness-canada-may-2019
 Media should not be allow to unionized. Media needs to be impartial to ensure the media is looking at all
angles of a story.