Sunday, January 6, 2008

Consumer Price Index

The following is a copy of a letter I submitted to the local paper regarding Old Age Security ( O.A.S.) cheques with Consumer Price Index( C.P.I. ) adjustments that should be made public to all seniors however it apparently is not that important for the local paper as this letter was not published. This paper is supposed to be community minded.
Stats Canada announced on December 19, 2007 the CPI edged up 2.5% which leads to a question, will we seniors benefit by this increase in the next OAS cheque?
Economists point out the "Core Inflation Rate" which disregards volatile food and energy prices only rose 1.6% , down from 1.8% in October but on the other hand the CPI rose by 0.3 % because of higher gas prices and rising mortgage interest cost.
If seniors do receive an increase we must consider ourselves lucky. I'm betting we don't as there are too many tangibles mentioned in the statistics' report.
It is unfortunate seniors can not receive a locked in percentage increase for an entire year as do our MPPs and MPs an increase much more than what seniors receive, when ever we receive one.

Letter to Ministry of Transportation

On December 27, 2007 I sent an E mail as follows to Jim Watson Minister of Municipal affairs to seek clarification on the recent Aqueduct Street fiasco;
Mr Minister can a through way street that has been designated as such for many, many years with little if any residential development be closed off to traffic, thus making it a cul-de-sac because of a petition that only contained 42 signatures stating "The street is not safe" when similar situations exist through out the rest of the city?
Upon receipt of the Ministers reply, assuming I receive one I will publish it on the blog. If there is an indication the street could not be closed I will than make an issue.