For example, Tufts and Fairbanks (2011) write that “The Ontario Teachers' Pension Plan (OTPP) has $107.5 billion of assets to finance 295,000 teacher pensions ($366,000 per retiree)” (p.1). At the same time, the Canada Pension Plan (CPP), which serves 18 million Canadian workers, has only $148 billion, or only $722 per retiree (Tufts and Fairbanks, 2011, p. 2). As for the private sector, Nortel had a pension deficit of $2.4 billion in 2011. For Air Canada, the figure is $2.1 billion. US Steele, formerly known as Stelco, cut its pensions by 15 percent. While the government's tax base is used to support public sector pensions, the same is not true for public sector pensions. It is not surprising that such a request was made for