March 11 Special General MeetingBudget 2010

March 12, 2010

CAPE members met last night at a very productive Special General Meeting to discuss the implications of the 2010 federal government budget.

At the outset of the meeting, CAPE President Claude Poirier gave a brief summary of the recent activities of the CAPE Mobilization Committee, and noted the positive reception received by CAPE’s Analysis of the C.D. Howe Institute’s Report on Public Service Pension Plans, entitled“A Balanced Perspective on Fair-Value Pension Accounting”. He also made note of the events that led to the creation of the Committee and on actions taken by CAPE in preparation of the 2010 Federal Budget.

Brian McDougall of the HRSDC Local and member of the CAPE Mobilization Committee presented a cogent analysis of the budget and possible implications of same. This presentation generated vigorous and productive discussion, and members were actively engaged in examining ways to address the concerns of the membership.

The meeting was extremely well attended.

“The members are concerned about possible future attacks on their pensions, and the impact of the restraints on their wages, benefits and workloads,” said CAPE President Claude Poirier,“And they are legitimate concerns. We must remain vigilant – CAPE will be very engaged with the employer when it comes to examining ways to make up for the budgetary restraints other than pillorying the federal public service pension plans.”

The National Executive Committee will be discussing an Action Plan in the near future.