Not exact matches
The Update incorporates the October average
private sector economic forecasts and an increased «adjustment for
risk» for 2011 - 12 to 2013 - 14, as well as an increase in employment insurance rates of only 5 cents (employee rate) for 2012, rather
than the 10 cents set in legislation As a result, the balanced budget target is delayed from 2014 - 15 to 2016 - 17, prior to the inclusion of the Targeted Strategic and Operating Review Savings (now called «Deficit Reduction Action Plan Saving Target»).
The PBO identified four key downside
risks to the
private sector forecast: global growth, especially in the U.S. could be slower
than anticipated; the appreciation of the Canadian dollar could adversely affect exports; sovereign debt issues in Europe could restrain recovery there and put upward pressure on global interest rates; and the high level of household debt in Canada could restrain domestic demand.
When Mr Soapbox worked for the municipal government years ago, he was told that the reason why he was paid less
than the
private sector was because a government job was secure and had less
risk... then they laid off 40 % of his department.
The climate change
risk assessment is the result of more
than three years of work, involving hundreds of leading scientists, and experts from both the public and
private sectors.
«Steve Rector has been a trusted and loyal advisor and colleague of mine, but more importantly
than that, has a significant amount of
private sector experience with health insurance, health care and
risk management along with budget and finance experience,» Molinaro said.
The vast majority (more
than 97 percent based on
risk in force) of CRT transactions to date have been done on the back - end, with the GSEs warehousing credit
risk before transferring to the
private sector.
You may have a poor
risk score, but your future income is more reliable
than private sector borrowers with similar qualifications.
A rational public and
private sector response to the threat of storm damage in a changing climate must therefore acknowledge scientific uncertainties that are likely to persist beyond the time at which decisions will need to be made, focus more on the
risks and benefits of planning for the worst case scenarios, and recognize that the combination of societal trends and the most confident aspects of climate change predictions makes future economic impacts substantially more likely
than does either one alone.
«I can't think of a better business argument for
private sector organisations
than your rating as an investment going down if investors regard the health of your workforce as a
risk rather
than an asset,» he says.