uncharted.ca

Haiti Then and Now

By John Reimann

Already, their priorities are being revealed; the focus is to airlift Americans out and troops in, rather than to bring in food, water and medical supplies. As Jarry Emmanuel of the World Food Program commented on the US priorities at the airport, Their priorities are to secure the country. Ours are to feed. In the coming days, it will be interesting to see how US forces coordinate with the aid efforts of Venezuela and Cuba. Already, the Heritage Fund, a major right-wing US think tank, has called for one objective in Haiti to be to counter influence of those two countries in Haiti.

(also see The Daily Censored)

CCWIPP Trustees "Totally Failed" Judge Rules

Trustees of the Canadian Commercial Workers Industry Pension plan were convicted today of violating the Pension Benefits Act of Ontario. Multiple charges were laid against the trustees in 2006 after an investigation by the Financial Services Commission of Ontario found numerous apparent breaches of pension laws.

The judgment: R. v Christophe et al

CCWIPP Trustees' Bahamas Resort Deal in the Toilet

More bad news for the trustees of the troubled Canadian Commercial Workers Industry Pension plan. Since 2005, when the Financial Services Commission of Ontario started breathing down their necks about a $50 million investment in a mothballed Bahamas resort, the trustees have been working hard to offload the South Ocean Golf and Beach Resort - or at least, trying to make it look that way.

CCWIPP Financial Statement for 2008 Now Online

uncharted has obtained a copy of the 2008 financial statement for the Canadian Commercial Workers Industry Pension Plan (CCWIPP). The news is devastating. Highlights for 2008 include:

• Losses from investments: $9.4 million
• Decrease in net assets: $356 million
• Total return: -19.6%
• Total actuarial liability: $2 billion
• Funded status: 42%

Union Employers Must Speak Up

By John Briley November 17, 2009

Over the past several months, many of us have been following Wal-Mart, as it bullies and buys its way into Salinas while pursuing its quest for two Supercenters. Unfortunately, during this time, our union retail food and drug store employers have remained on the sidelines in virtual silence.