Justin Trudeau is showing how dramatically the federal government’s relationship with Ontario has changed, making his first meeting with a premier since last week’s Liberal election victory in Ontario Premier Kathleen Wynne’s office. Wynne campaigned frequently alongside Trudeau and other Liberal candidates in Ontario throughout the lengthy federal campaign, and was beaming the morning after […]
Ontario Premier Kathleen Wynne says the first conversation she wants to have with Justin Trudeau once he’s sworn in as prime minister will be about enhancing the CPP. Wynne says her Liberal government will proceed with mandatory payroll deductions starting Jan. 1, 2017 for the new Ontario Retirement Pension Plan, which essentially mirrors the CPP […]
The Liberal Party of Canada has just won a majority government, which means Canadian workplaces will see more discussions about saving for retirement, industry experts point out. During the election campaign, the Liberals promised to increase the monthly CPP benefit. At the same time, the Ontario government recently announced that if the Liberals come to […]
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 […]
Note: This story was written before Premier Kathleen Wynne announced Tuesday that her government would drop the Ontario Retirement Pension Plan if the Liberals win the election. The message of the Government of Ontario on the Ontario Retirement Pension Plan (ORPP) is loud and clear. The plan can effectively provide a predictable source of retirement […]
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 Government of Ontario did something right when it decided to exempt certain DC plans from the Ontario Retirement Pension Plan (ORPP). Benefits Canada surveyed Ontario DC plan sponsors before the province revealed the ORPP’s design details, and 68% of them opposed the plan. Some respondents went as far as to say they’d adjust or eliminate their plans if DC plans weren’t considered comparable.
More clarity is needed says coalition.
The Ontario Chamber of Commerce (OCC) and a coalition of major Ontario employers are calling on the provincial government to outline to the employer community the details of the Ontario Retirement Pension Plan (ORPP).
Ontario Premier Kathleen Wynne and Prime Minister Stephen Harper have been engaged in a feud over pensions.