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The vast majority of Canadians are blissfully unaware that everyman, woman and child in Canada now owes a $35,000 share ofgovernment debt and must pay this back, with interest!  Makeno mistake, this debt will change our country and affect everysingle Canadian in the decades to come. You may think you haveplanned for your retirement and are safe, but the government mustfind a way to recover this borrowed money, and they can only dothat by raising your taxes and reducing your hard-earned benefits.How did this debt come about, and why can't we simply pay it off?

Pension Ponzi lays the blame squarely at the feet of thepoliticians who refused to stand up to Canada's public sectorunions. The fact is Canada's public sector, which accounts for 20%of the workforce, has been grossly overpaid relative to theircounterparts in the private sector with cushy pensions paid forwith your taxes and new debt.  There is no denying that thecountry does not have the financial resources to ensure that thenext generation of Canadians will have the same standard of livingas the ones before it-or to support our growing seniors population.Meeting our public sector pension obligations will break thecurrent social safety net that is a pillar of the Canadian way. 

Can you escape this bleak future? Can you afford to live longer?Nationally-recognized pension expert Bill Tufts and award-winningjournalist Lee Fairbanks explore how this catastrophe came aboutand then suggest ways that government can fix what's broken, andhow you as an individual can protect yourself from the financialcalamity that is about to engulf Canada.

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