MP pension scrutiny increases
More voices are speaking out against the “platinum-plated pensions” provided to Canada’s members of parliament.
- By: Tammy Burns
- January 23, 2012 September 13, 2019
- 13:12
More voices are speaking out against the “platinum-plated pensions” provided to Canada’s members of parliament.
Fixing rich, underfunded MP pensions is a key step in pension reform, according to a report released today by the C.D. Howe Institute.
Canadian small business owners are enthusiastic to adopt the new Pooled Registered Pension Plans (PRPPs), according to a poll of more than 800 companies by…
NDP leadership hopeful Thomas Mulcair kicked off his campaign with a promise to improve retirement security for Canadians.
When Bill 133, the Family Statute Law Amendment Act, 2009, was introduced in 2008, it promised to reform the division of pensions on marriage breakdown…
Canada’s Pension Appeals Board has appointed Justice Douglas Rutherford as the board’s new chairman.
Changes to the way employers deduct Canada Pension Plan (CPP) contributions are coming into effect in the new year.
In anticipation of federal legislation requiring pension plans to provide for immediate vesting, the Healthcare of Ontario Pension Plan (HOOPP) has announced that members will…
Much has been written about the Canada Pension Plan (CPP) since May 2009 when the various federal, provincial and territorial finance ministers undertook their review.…
Manulife Financial is the latest organization to speak out in favour of Canada’s proposed pooled registered pension plan (PRPP) legislation.
The Canadian Federation of Independent Business (CFIB) has expressed its support for Canada’s new pooled registered pension plan (PRPP) legislation—and requested the government not support…
According to a new report by the C.D. Howe Institute, the government’s proposed pooled registered pension plans (PRPPs) are in need of a fix.
The federal government has released a package of draft legislative proposals for the Income Tax Act and Income Tax Regulations regarding pooled registered pension plans…
The federal government's unfunded liabilities for its employee pension plans total $227 billion—far more than reported, according to a report by the C.D. Howe Institute.
A group of pension experts, including a former chief actuary of the Canada Pension Plan, is calling on Canada's finance ministers to commit to expanding…
The federal government recently released Bill C-25, the Pooled Registered Pension Plans Act. This draft legislation is receiving praise for helping to close the pension…
The last actuarial report on the Canada Pension Plan (CPP) estimated that 38% of Canadians in 2010 started receiving their CPP at age 60. Another…
According to many commentators, the Indalex case turns accepted law on the priority of debtor-in-possession (DIP) and working capital security on its head, and introduces…
I got into this industry, as most people do, by accident,” admits Toronto-based Keith Ambachtsheer, who today is well known for his ideas on pension…
On November 17, the Pooled Registered Pension Plan Act was tabled in the House of Commons. The explicitly stated purpose of the Act “is to…
Canadian banks are opposing a push by OMERS to manage PRPPs, reports Bloomberg News.
The newly re-introduced Pooled Retirement Pension Plan (PRPP) may be touted as the cure-all for all Canada’s flailing retirement savings system, but a rather unimpressed…
The federal government this morning introduced the much-anticipated Pooled Registered Pension Plans (PRPP) Act to address concerns over declining pension coverage for Canadians.
A leaked white paper has revealed the European Commission’s suggestions for pension reform, reports Investment & Pensions Europe (IPE).
The government of Nova Scotia has introduced a new Pension Benefits Act, which would enable private sector pension plan members and retirees to know more…