Government spending blunders $$$

[foenix]

So that would be given to oil companies that are mostly housed in Conservative Province of Alberta?......so have the UCP done anything about it?

Nothing to do with provincial governments.

Trudeau gave big oil $550 million to clean up orphaned wells. Zero wells have been cleaned up.

Where did our money go, Justin? You should text Katie for the Excuse of the Day.

Obviously ZERO clue about how this program runs........here, let me help you out.......

The $1.7 billion should be more than enough to clean up orphaned wells “in the medium term,” the PBO said. Cleanup efforts will cost $1.1 billion by 2025, it estimates.

The big problem, however, is that provincial governments have been giving the money to well-off companies that can afford, and are required, to decommission the wells, rather than to those that don’t have the money.

“Nearly half the funding in Alberta has been disbursed to firms that are viable, based on PBO’s calculations,” the report said.

Over $550 million has been given to more than 500 Alberta companies so far — $222 million of it to 10 “financially viable” companies.

“The companies (that) are receiving public funds through the Site Rehabilitation Program, specifically in Alberta, are companies that can actually afford to do the work themselves,” said Megan Egler, a researcher with the University of Alberta’s Parkland Institute who wrote a similar report last year.

If companies in need don’t get more money, the problem will only grow, the report said.

Under provincial regulations, oil and gas companies must pay to clean up their wells. They pay a refundable deposit ahead of time to cover the possible costs. But there isn’t enough money from those deposits to cover cleanup costs in Alberta, the report noted.

If the company goes under and no one else buys it, the orphaned well is taken over by a provincial agency.

[bob vernon]

Massive pensions to leftist unionized government workers. These pensions are double or triple what they really should be. And they're indexed for inflation. And they get free medical, prescriptions, dental, eyeglasses, and more. For the rest of their lives.

[Clipper]

Massive pensions to leftist unionized government workers. These pensions are double or triple what they really should be. And they're indexed for inflation. And they get free medical, prescriptions, dental, eyeglasses, and more. For the rest of their lives.

Numbers??
I'm quite happy with the "leftist" union pension I'm getting. Mind you, construction union pensions vary among the trades.
I take it you're not a union member; you know one of those people that provide leverage for non union employees when it come to wages and benefits?

[nepal]

Massive pensions to leftist unionized government workers. These pensions are double or triple what they really should be. And they're indexed for inflation. And they get free medical, prescriptions, dental, eyeglasses, and more. For the rest of their lives.

From what I gather, their pensions are now separated from government payrolls, once they leave their jobs they come completely off the government’s books, including pension, medical, dental, eyewear, etc, which the gov no-longer pays when they leave. While employed their pensions are joint contribution, that is invested in a stand-alone non-gov entity that manages the funds, much like a private-sector joint RRSP contribution that could be invested with a fund that pays out over-time, maybe similar to a SunLife managed plan. A difference is that it is mandatory for gov employees to contribute to their pension plan, so yes there is something there when they retire, but less years equals less pension. In recent years apparently their pension formulas have had a significant overhaul, to make their employee contributions more expensive and higher penalties to draw out early, and yearly increases are not guaranteed. Most don’t hang in there enough years anymore to get max pension, and many now just cash-it-out, to try and get better returns elsewhere. I know a couple of guys who left gov and went to work in private sector, now making far more, but maybe not quite as disciplined about saving for retirement as when it was mandatory pension contributions in their old gov jobs.

Maybe working private-sector, and owning rental property pension income is a better bet these days, and maybe better at keeping up with inflation.

[nepal]

.
https://www.macleans.ca/opinion/its-tim ... -warships/

Maybe extracting Public Works Canada Procurement, and letting mil buy equipment on their own, would be far more efficient and better results. PWCP was setup to do the shopping for gov agencies, as overseers of public spending, but it’s like having your accountant go out and buy you your suspension bridge, deciding what you’ll get, and knowing little about bridges. Maybe time to cut out the middleman(PWCP).
Apparently Australia mil is given a budget that they themselves manage, so they decide what they buy and live with their decisions. The result is that they have far better equipment that does the job they require, at less cost. They even sell Canada their obsolete equipment.