Wednesday, March 30, 2011

And now, something for those of you who actually vote

After yesterday's "Learning Passport" announcement, the Liberals roll out their pension policy:

Michael Ignatieff announces Liberal plan to strengthen public pensions and support seniors

VANCOUVER – A Liberal government will help Canadian families save for retirement with new measures to enhance our public pension system, including increased support for seniors and a new, voluntary Secure Retirement Option for Canadians without access to a pension plan, Liberal Leader Michael Ignatieff announced today.

[...]

As part of our plan, a Liberal government will work with the provinces and territories to enhance the Canada Pension Plan (CPP) with:

■ A gradual expansion of the benefits provided by the CPP; and
■ A new Secure Retirement Option that will offer Canadians a simple, voluntary, tax-deductible savings option backed by the trusted, publicly-run CPP.

A Liberal government will also provide a $700-million annual boost to the Guaranteed Income Supplement to reduce poverty among seniors, especially women and seniors with disabilities.

To help workers left out in the cold when their employer goes bankrupt, Mr. Ignatieff also committed to greater protection for those collecting long-term disability benefits, and to create a Stranded Pension Agency to give Canadians a new and safe option to manage their private pensions after corporate bankruptcies.

Retirement security is a HUGE issue right now, so this looks like a winner. The challenge, of course, is communicating a complex pension and income supplement scheme in a 15 second pitch.

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Tuesday, March 29, 2011

Higher Learning

The Liberals have rolled out their first major policy plank of the campaign - the Learning Passport, which will mean $1,000 a year to every student attending post-secondary education.

The biggest knock on Ignatieff has always been that voters don't know what he stands for. With that in mind, the Liberal platform will be especially important this campaign, as it will be the document that defines Ignatieff. So how does this policy look?

When looking at a campaign policy, there are seven key questions that need to be asked:

1. Is it easy to understand? Can this policy be explained in a 10 second pitch or on a 140 character tweet? In this case, you can explain it in 11 words: "one thousand dollars a year to students, to encourage University education".

2. Will it be seen as meaningful by voters? For anyone in University, or with children approaching that age, this will certainly help.

3. Does it address a need or fix a problem? Yup - university tuition rates have skyrocketed in recent years.

4. Does it say something about the party's values? In this case, it shows the Liberals and Ignatieff value education.

5. Does it differ you from your competition? That remains to be seen, but it seems unlikely the Tories will make a similar pledge.

6. Does it speak to your base and your target vote? Liberal voters tend to be university educated, so this is clearly something they value.

7. And, least importantly, is it good policy? There are probably better ways to go about this but, at the absolute worst, it incentivizes post secondary education.

On all counts, this policy performs quite well. To me, it looks like a winner.

Hopefully we see more of this over the course of the campaign.

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