The Canadian Taxpayers Federation (CTF) has raised alarm over estimates revealing the potential financial implications of delaying the next federal election by a week. According to the CTF's calculations, such a delay could trigger pension eligibility for Members of Parliament (MPs) elected in 2019, resulting in significant taxpayer-funded payouts.Franco Terrazzano, CTF federal director, expressed concern over the perceived motivations behind the proposed election delay. "This looks like the government is pushing back the election so more MPs can take a very lucrative, taxpayer-funded pension," Terrazzano said. He emphasized the need for transparency and accountability, urging politicians to refrain from actions that could be perceived as self-serving.Under current regulations, MPs become eligible for a pension after six years of service. However, MPs elected in the 2019 election would not meet this threshold until October 21, 2025. The federal government has introduced legislation to move the next scheduled election from October 20 to October 27, 2025.The proposed delay would potentially make 80 additional MPs eligible to collect pensions, amounting to an estimated total of $120 million over their lifetime if all 80 MPs were to lose their seats. The annual starting pension for MPs ranges from $32,000 to $49,000.Terrazzano highlighted the significant financial burden on taxpayers, especially if a substantial number of MPs were to lose their seats. "If even half of these MPs lose, moving back the election one week would cost taxpayers tens of millions of dollars," he remarked, cautioning against actions that could undermine public trust in the political system..This is what the Western Standard is up againstThe Trudeau government is funding lies and propaganda by directly subsidizing the mainstream media. They do this to entrench the powerful Eastern, woke and corrupt interests that dominate the political, social and economic institutions in Canada. Federal authorities are constantly trying to censor us and stop us from publishing the stories that they don’t want you to read. Ottawa may weaponize our taxes and police against us, but we’ve got a powerful ally on our side.You. Free men, and free women. We need you to stand with us and become a member of the Western Standard. Here’s what you will get for your membership:Unlimited access to all articles from the Western Standard, Alberta Report, West Coast Standard, and Saskatchewan Standard, with no paywall. Our daily newsletter delivered to your inbox. .Access to exclusive Member-only WS events.Keep the West’s leading independent media voice strong and free.If you can, please support us with a monthly or annual membership. It takes just a moment to set up, and you will be making a big impact on keeping one the last independent media outlets in Canada free from Ottawa’s corrupting influence.
The Canadian Taxpayers Federation (CTF) has raised alarm over estimates revealing the potential financial implications of delaying the next federal election by a week. According to the CTF's calculations, such a delay could trigger pension eligibility for Members of Parliament (MPs) elected in 2019, resulting in significant taxpayer-funded payouts.Franco Terrazzano, CTF federal director, expressed concern over the perceived motivations behind the proposed election delay. "This looks like the government is pushing back the election so more MPs can take a very lucrative, taxpayer-funded pension," Terrazzano said. He emphasized the need for transparency and accountability, urging politicians to refrain from actions that could be perceived as self-serving.Under current regulations, MPs become eligible for a pension after six years of service. However, MPs elected in the 2019 election would not meet this threshold until October 21, 2025. The federal government has introduced legislation to move the next scheduled election from October 20 to October 27, 2025.The proposed delay would potentially make 80 additional MPs eligible to collect pensions, amounting to an estimated total of $120 million over their lifetime if all 80 MPs were to lose their seats. The annual starting pension for MPs ranges from $32,000 to $49,000.Terrazzano highlighted the significant financial burden on taxpayers, especially if a substantial number of MPs were to lose their seats. "If even half of these MPs lose, moving back the election one week would cost taxpayers tens of millions of dollars," he remarked, cautioning against actions that could undermine public trust in the political system..This is what the Western Standard is up againstThe Trudeau government is funding lies and propaganda by directly subsidizing the mainstream media. They do this to entrench the powerful Eastern, woke and corrupt interests that dominate the political, social and economic institutions in Canada. Federal authorities are constantly trying to censor us and stop us from publishing the stories that they don’t want you to read. Ottawa may weaponize our taxes and police against us, but we’ve got a powerful ally on our side.You. Free men, and free women. We need you to stand with us and become a member of the Western Standard. Here’s what you will get for your membership:Unlimited access to all articles from the Western Standard, Alberta Report, West Coast Standard, and Saskatchewan Standard, with no paywall. Our daily newsletter delivered to your inbox. .Access to exclusive Member-only WS events.Keep the West’s leading independent media voice strong and free.If you can, please support us with a monthly or annual membership. It takes just a moment to set up, and you will be making a big impact on keeping one the last independent media outlets in Canada free from Ottawa’s corrupting influence.
