Notwithstanding a possible Liberal majority in next week’s federal election, and the idea that it would “negate” the need for an Ontario Retirement Pension Plan (ORPP), according to Ontario Premier Kathleen Wynne, awareness of the plan remains scattered, at best. This and other findings were discussed as part of a larger Benefits Canada survey presented […]
The underfunding the QPP saw during its early years offers lessons for the upcoming Ontario Retirement Pension Plan (ORPP)—as well as for a potentially expanded version of the CPP, argues a new C.D. Howe Institute report. Read: Businesses scared of ORPP’s economic impact The report says federal and Ontario lawmakers should avoid the inter-generational inequity […]
The Canadian Union of Public Employees (CUPE) believes CPP enhancement is a better option than a voluntary CPP.
Liberal Leader Justin Trudeau turned his attention to seniors in Toronto this morning, promising to enhance Canada's pension plan and boost incomes for low-income seniors.
The Investment Funds Institute of Canada (IFIC) isn't in favour of a voluntary CPP.
Canada’s largest private-sector union, Unifor, has backed the NDP’s decision to support expanding the Canada Pension Plan (CPP). “Dignity in retirement begins with a secure and sufficient pension,” says in a press release Jerry Dias, Unifor’s national president. “Unifor has consistently supported expanding the CPP to help more Canadians achieve that goal, and is glad […]
An NDP government would convene a first ministers’ meeting within six months of taking office to come up with a plan and a timetable for expanding the Canada and Quebec pension plans, Tom Mulcair announced Thursday.
The Investment Industry Association of Canada (IIAC) questions whether a CPP supplement is needed, given the saving options already available to investors.
When Minister of Finance Joe Oliver announced in May that the federal government would consider allowing voluntary contributions to CPP, the financial community was caught by surprise. After all, his predecessor, Jim Flaherty, had publicly stated that the government looked into a voluntary CPP proposal in 2010 but declared it unworkable.
As Ontario moves forward with its mandatory provincial pension program, it should use Australia’s DC system as a model instead of the Canada Pension Plan (CPP).