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Liberal Leader Michael Ignatieff is promising a “secure retirement option” aimed at encouraging Canadians to save more. The voluntary plan would be similar to private-sector RRSPs, except that the investments would be managed by a Crown corporation – the Canada Pension Plan Investment Board. Liberals say this would reduce costs for Canadians. In addition, Liberals are promising they would gradually raise mandatory premiums and guaranteed benefits to the existing Canada Pension Plan. Finally, Mr. Ignatieff says a Liberal government would help low-income seniors by adding $700-million a year to the Guaranteed Income Supplement.

Source-The Globe And mail

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Stephen Harper will pledge deadlines for wrapping up free-trade talks with India and the European Union during a Thursday morning election campaign stop in Halifax.

The Conservative Leader will lay out these promises during an event with Halifax-area Tory candidates – part of an effort to demonstrate how the party intends to foster economic growth and jobs by expanding foreign trade.

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Layton’s credit-card plan offers consumers protection – from themselves

Finally, a federal political leader has shown the courage to deal with the debt binge of the Canadian consumer, and the irresponsible spending habits of low-income Canadians.

The leader in question is the NDP’s Jack Layton, who is proposing bold measures that will force the working poor to live within their means, reduce the groaningly high levels of household debt in Canada, and as a happy side effect, reduce the bad debts foisted on this country’s bank

Source-The Globe And mail