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Help for Nortel Retirees Draws Fire

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Mon, 2010-02-08 15:40.
Ryan Bird

Days after the McGuinty government was accused of trying to buy votes ahead of the Toronto-Centre byelection by committing to millions for the Salvation Army's Grace Health Centre, it's coming under fire again for trying to buy votes in another byelection.


The accusations follow word that the government will guarantee up to $1,000 a month for Nortel retirees who worry about the company's underfunded pension plan. Many of them live in the riding of Ottawa West-Nepean, where a byelection will be held March 4th.

Premier McGuinty says it wouldn't have been fair to hold off on the announcement until after the byelection, considering retirees have been asking for an answer on the issue for a long time.

While there's no exact dollar amount, Ontario Finance Minister Dwight Duncan says helping the pensioners could cost the province between 100 million and 200 million dollars.

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