Home Equity Assistance

100% Home Equity Assistance in CFIRP

Senators were concerned that this amount would not be sufficient to cover some of the financial difficulties that were highlighted in recent months regarding the costs associated with the relocation of armed force members and their families.

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http://www.parl.gc.ca/Content/SEN/Committee/392/fina/rep/rep07mar08-e.htm
REPORT ON THE SUPPLEMENTARY ESTIMATES (B), 2007-2008
STANDING SENATE COMMITTEE ON NATIONAL FINANCE
SEVENTH REPORT
Chair: The Honourable Joseph A. Day
Deputy Chair: The Honourable Terry Stratton
March 2008
C. National Defence Pay Allowances
The amount of $88.7 million sought by the Department of National Defence for increases to pay and allowances for Canadian Forces Members was of interest to Senators.
Mr. Smith informed the Committee that this funding will be used to cover the 2% pay adjustment for non-commissioned members, general service officers and pilots in the ranks of lieutenant-colonel and below; and for medical and dental officers in the ranks of lieutenant and below. The funding increase is required to ensure equity in relation to the national rate of inflation (2%) until such time as collective agreements and service contracts are finalized.
Senators were concerned that this amount would not be sufficient to cover some of the financial difficulties that were highlighted in recent months regarding the costs associated with the relocation of armed force members and their families. They wanted to know the amount (not including the $88.7 million) that is being allocated to relocation activities involving armed force members. Mr. Smith agreed to refer this question to the Department of National Defence.
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Written by Major Marcus Brauer

October 8, 2015 at 23:02

Posted in Class Action

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