Community
“Economies of Scale” is a distant 2nd to “Political Control”
“Economies of Scale” has been the go to response by politicians when they want to centralize operations. There is some validity to this response.
Wal-Mart is in a scale all it’s own, so big it controls the pricing of items around the world. The local mom-and-pop store cannot compete.
Pension funds are so large they monopolize the markets and small fund managers cannot compete.
Provinces quote; “Economies of Scale” when they centralize purchasing, education, health care and other services.
The E.U. benefited from large scales in business, health care and even immigration.
So in all intent and purposes there is some validity in “Economies of Scale”.
There have been many tales of businesses raiding their employees pension funds for expansion, to cover losses, to cover bonuses, or to keep the doors open.
The C.P.P. is a huge national pension fund, well managed with double digit returns which is often 3 times the returns of a smaller Alberta provincial pension fund.
Now we are hearing tales of Alberta Oil & Gas businesses needing or wanting to raid pension funds to cover losses, to cover bonuses or to keep the doors open. There is discussions in political circles of raiding the Alberta provincial employees pension funds to the tune of a billion dollars for oil and gas investments. These same political circles are looking at the C.P.P. or Alberta’s citizens portion of.
The C.P.P. enjoys “Economes of Scale” and in a large diverse market offers envious returns on investments. Unlike smaller, less diverse pension funds.
The Alberta politicians know this but they want control of the pensions to subsidize businesses for political reasons. Having control is much more important than “Economies of Scale” to a politician.
Control is most important to other levels of government, too. The city of Red Deer is looking at establishing a new police force other than the RCMP. They know it will cost more in taxes and they will have less access to more specialized services but the city will have more control.
Fiscal conservatism is much less important than having control.
Politicians of all levels will take our tax money to hire lawyers and fight for control of everything.
We only have one pocket to draw from to pay for all these services and court cases and political control issues.
What ever happened to the much lauded; “Economies of Scale”? Too many political kings wanting control of too many things, all putting their hands in our pocket, that’s what.
When the world is becoming more globalize-oriented it appears politicians are striving for isolationism to feed their need to control. All at our expense.
L to R: Cindy Jefferies, Susan Knopp, Lane Tomalty, Bre Fitzpatrick
Photo credit: The SnapHappy Photographer
After a decade of leadership under Cindy Jefferies and Susan Knopp, 100+ Women Who Care Red Deer (100+ WWCRD) is proud to celebrate 10 years of supporting local charities and the announcement of Bre Fitzpatrick and Lane Tomalty as its new co-leaders. This marks an exciting new chapter for the group, which has made a significant impact on not-for-profit organizations in Central Alberta.
Cindy and Susan have led 100+ WWCRD with vision, dedication, and a commitment to empowering women to lead and inspire change. Under their stewardship, the organization has raised over $630,000 for local charities by hosting 4 annual 1-hour meetings. Since 2015, more than 36 local charities have received funding through the group.
Reflecting on their tenure, Cindy and Susan stated:
“Leading 100 Women has been an honour and a privilege. When we began this journey, we didn’t know where it would go – we simply loved the simple, elegant, and fun ‘100 Who Care’ concept and thought it was a great fit for our community. We are grateful to the many women who have stood with us. They are the magic of the organization! We are confident Bre and Lane will steward this leadership role well and we look forward to supporting it – just not from behind the microphone!”
Bre and Lane bring a dynamic energy and fresh perspective to the organization. Both have been involved with the group and have been mentored by Susan and Cindy over the past year. They are eager to continue the collaboration, connection, and local support this team of women have established in Red Deer.
In their joint statement, Bre and Lane shared:
“We are humbled to step into this role and build on the incredible foundation Cindy and Susan have laid. Many needs are at the doorstep of our community and in the hearts and minds of our members. We know a powerful, caring, and united group of individuals can play a huge role in driving change and breaking barriers.
To celebrate this milestone and leadership transition, the 100+ WWCRD hosted the final meeting of 2024 on November 25th at the Red Deer Golf and Country Club. The evening featured reflections from Cindy and Susan, the selection of the Salvation Army as the charity of choice, an opportunity for members to connect with Bre and Lane as they outline their vision for the organization’s next chapter, and a toast to 10 years.
For more information, please visit www.100womenreddeer.ca
About 100+ Women Who Care Red Deer
100+ Women Who Care Red Deer is a network of compassionate, empowered, and dedicated women who make a direct, immediate, and positive impact in Red Deer and area. We support local non-profit and charitable organizations that work every day to make our community a better place to live. 100% of funds donated go to the selected charities – there are no
administration fees, and all costs are covered by the generosity of sponsors. Collectively, we make a difference.
The group meets 4 times annually for 1 hour. Non-profit and charitable organizations are nominated by members. After hearing 3 randomly drawn pitches, the members vote to select their top choice. The group with the highest number of votes receives the members’ donations. Each member or team commits to donating $100 at each meeting. Since 2015, the average raised has been more than $15,000 per meeting.
Membership is open to all women In Red Deer and area. We invite you to join us! The first meeting of 2025 will be on Monday, February 3, 2025.
Founded in February 2015, the organization currently has about 150 members. We are committed to uniting this powerful group of 100+ women who care and lifting the amazing non-profits and charitable groups they support.
Festival of Trees tickets are on sale now! Get ’em while they’re hot!
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