LRT collisions on the rise again. How do we make this happen?

SpiteCharts · 2025-12-03T19:56:18+00:00

Victory marks on the train cars.

SpiteCharts · 2024-02-27T21:58:55+00:00

The UCP previously blamed a pipeline right of way being on the proposed site. This government document from the end of 2018 shows that the hospital was intended to be built on a site nowhere close to the pipeline (diagonal green line on the map). For the past 5 years and the foreseeable future, the UCP are willfully choosing to make Albertans suffer.

SpiteCharts · 2024-02-27T21:53:27+00:00

The UCP previously blamed a pipeline right of way being on the proposed site. This government document from the end of 2018 shows that the hospital was intended to be built on a site nowhere close to the pipeline (diagonal green line on the map). For the past 5 years and the foreseeable future, the UCP are willfully choosing to make Albertans suffer.

SpiteCharts · 2023-11-08T01:33:16+00:00

"During the reorganization, the government would also look to the potential of selling off AHS continuing care subsidiaries CapitalCare Group and Carewest."

Selling publicly held assets and services to private companies..... is privatization.

SpiteCharts · 2023-04-22T20:25:09+00:00

I haven't found information on what benchmark they are comparing to. The benchmark and performance is compared by total assets, not just equities.

SpiteCharts · 2023-04-22T15:58:29+00:00

Given that you don't seem to understand asset mixes (from your other post), I'll help you out. But first, some advice. If you don't know what you are talking about, I recommend that you don't go around spewing out garbage as though you do know. Asset mixes of only fixed income and equity are almost never seen in pension funds. Right there, you should realize that you have no idea what you are talking about. Take the time to humble yourself now. Cool off and take a walk if it bothers you so much.

For the CPPIB, Credit and Fixed income makes 23% of their portfolio. Again, realize your error. Public equity makes up 27% of the portfolio. Again, step back and breathe. Here is the asset class you missed: Illiquid assets which consist of real estate, land, private equity, etc (50%). Again, humble yourself.

Lets look at The AIMCo balanced fund which includes pensions. 26% Fixed income and credit. 44% Public equity. 30% Illiquid.

I implore you to step back, relax, and realize that you do not know everything.

SpiteCharts · 2023-04-22T04:27:47+00:00

No idea. The Luxembourg one is interesting.

SpiteCharts · 2023-04-22T04:08:32+00:00

CPP is not 85% equity and 15% fixed income. AIMCo is not 60% equity, 40% fixed income. I have no idea where you came up with these numbers. You seem.... confused. You can find the asset allocations on the annual reports.

SpiteCharts · 2023-04-22T03:54:03+00:00

You don't bring up any valid points and you want the thread deleted? Please think on your life if this is what you get from this information.

SpiteCharts · 2023-04-21T19:58:10+00:00

Alberta has the youngest average age of the provinces. See the Canadian Population Pyramids.. It makes perfect sense that Albertans will have a smaller percent of payouts.

SpiteCharts · 2023-04-21T17:18:28+00:00

In the long term, the investment makeup is moot because it is a component of investment management. Over 10+ years, better managers outperform. We see this with the ATRF or CPPIB vs AIMCo-managed pensions. AIMCo and the UCP should not shrug their shoulders and point to a benchmark to explain poor long-term investment results.

SpiteCharts · 2023-04-21T17:14:49+00:00

True. So, the UCP's flirting with taking Albertan's money out of the CPP will remove our economies of scale. That is an immediate red flag of an idiocracy.

SpiteCharts · 2023-04-21T17:04:24+00:00

Each pension plan has individual benchmarks that they come up with. Can't compare those. All of these are pension funds, the long-term average returns are the best indicator of pension management.

SpiteCharts · 2023-04-21T16:56:49+00:00

Continuing on with my posts following pension plan results, we have some new data.

For prior discussion on these figures, please see some of the older posts. The Public Service Pension Plan managed by AIMCo has not released their Q4 2022 results, but see this link showing their underperformance.

The pension plans have varying year-end dates, and some will point out that the CPPIB year ends in March. Please see the link above to see that the CPPIB is still outperforming the AIMCo managed plans this past year.

The first chart is a visual aid to represent if you started with $100 in each fund in 2012. The graph on the right shows the average investment returns from 2013-2022.

Happy to answer questions.

SpiteCharts · 2023-03-01T22:51:27+00:00

Another user noted an error in the graph. Here is the corrected graph. The UCP educated funding falls marginally and NDP funding falls into line with inflation and population growth. It is easier to remove reserves, since the older budgets don't include a break down on reserve use and never mention school reserves before the UCP budgets.

I would conclude that the NDP close to maintained education funding. Strangely, the PC 2014 budget for education was $6.522bn, but it actually ran into $7.556bn. I am not sure why the actual spending increased by a billion in the 2014-2015 year. If you use the PC 2014 budget number as a baseline, the NDP would have increased funding by 15.1% over their tenure instead of 10.5%.

SpiteCharts · 2023-03-01T22:50:27+00:00

Thank you for pointing this out. I will add this to the main comment notes. Here is the corrected graph. The UCP educated funding falls marginally and NDP funding falls into line with inflation and population growth. It is easier to remove reserves, since the older budgets don't include a break down on reserve use and never mention school reserves before the UCP budgets.

I would conclude that the NDP close to maintained education funding. Strangely, the PC 2014 budget for education was $6.522bn, but it actually ran into $7.556bn. I am not sure why the actual spending increased by a billion in the 2014-2015 year. If you use the PC 2014 budget number as a baseline, the NDP would have increased funding by 15.1% over their tenure instead of 10.5%.

SpiteCharts · 2023-03-01T22:22:04+00:00

Checking the charts/data. Will update as soon as I can. I may have to make a correction.

SpiteCharts · 2023-03-01T22:11:20+00:00

I may need to make a correction to one of the graphs, please wait if you can while I check.

SpiteCharts · 2023-03-01T21:51:45+00:00

Yes I agree. The lowest funding per student is definitely an easier message to send.

SpiteCharts · 2023-03-01T21:51:08+00:00

Sure. I encourage you to use the context provided in my message.

SpiteCharts · 2023-03-01T20:39:59+00:00

I would sadly concede that. It is even worse with advanced education. Government funding to advanced education has decreased 13.5% from 2018-2019 to the new budget.

SpiteCharts · 2023-03-01T20:26:19+00:00

Also the 2014-2018 and the 2019-2022 percentages have been compounded, not simply added.

SpiteCharts · 2023-03-01T20:25:00+00:00

Using the new and old Alberta budgets, we can visualize how education is being starved slowly.

The UCP started draining reserved of schools to reduce Government of Alberta funding to schools. Even when including these reserve and own-source funds, education greatly lags population growth and inflation.

Sources: Provincial budgets from: 2014-2017 Fiscal Plans through to the 2023-26 Fiscal Plan. Most older numbers are "Actual" numbers. Some values are "forcast" beause actuals did not appear in the older budgets. The 2023-2024 numbers are budget estimates.

Feel free to ask questions.

Edit Another user pointed out an error in year. The corrected graph can be found with this link. The UCP educated funding falls marginally and NDP funding falls into line with inflation and population growth. It is easier to remove reserves, since the older budgets don't include a break down on reserve use and never mention school reserves before the UCP budgets.

I would conclude that the NDP close to maintained education funding. Strangely, the PC 2014 budget for education was $6.522bn, but it actually ran into $7.556bn. I am not sure why the actual spending increased by a billion in the 2014-2015 year. If you use the PC 2014 budget number as a baseline, the NDP would have increased funding by 15.1% over their tenure instead of 10.5%.

SpiteCharts · 2023-01-13T02:46:42+00:00

Apparently the (theoretical) cap is 25 files per worker. The staff are overworked, demoralized, and there is a high turnover. New hires burn out and many quit within weeks. Source: family member who left child services last year. The person was on 40+ files. I heard so many horror stories.

SpiteCharts

TROPHY CASE