Alberta’s conservative Wildrose party has suggested that the province withdraw from the Canada Pension Plan (CPP) and create its own Alberta Pension Plan, reports the Calgary Herald.
Ontario’s minority government released its budget for the 2012-2013 fiscal year yesterday. The budget announces a number of measures that are expected to have a significant effect on pension plans and retirement saving—particularly in the public sector—if the budget is passed by the Ontario legislature.
In the provincial budget tabled yesterday, the Ontario government stated that it has several concerns with the federal model of pooled registered pension plans (PRPPs) as currently proposed, including the worry that PRPPs may simply replace one form of retirement coverage, rather than expanding retirement income savings.
A passion for using Excel files to model financial trends led Toronto-based Malcolm Hamilton to the uncomfortable realization, in the mid-1990s, that DB plans were not going to work.
Yesterday, the Quebec government tabled its 2012 budget, which included detailed provisions for the voluntary retirement savings plan (VRSP). The VRSP is Quebec’s version of the pooled registered pension plan (PRPP).
Industrial Alliance has announced that it plans to offer voluntary retirement savings plans (VRSPs), starting on the Quebec government's target date of Jan. 1, 2013.
Quebec has announced it will introduce voluntary retirement savings plans (VRSPs), targeted at small and medium-sized enterprises and the self-employed. VRSPs will be similar to RRSPs and will come into force on Jan. 1, 2013.
Don’t sacrifice pensions. That’s the message from Canadians according to a new Ipsos Reid poll done for Postmedia News and Global TV.
Ottawa should move to reform seniors' benefits by letting recipients choose richer payments, later, from the Old Age Security and Guaranteed Income Supplement programs if they wish, says a report by C.D. Howe Institute president and CEO William B.P. Robson.
The majority of Canadians lack retirement security and the federal government’s proposed pooled registered pension plan (PRPP) will do little to reduce risks for these individuals, according to a new study from the Institute for Research on Public Policy (IRPP).