Close X
Friday, September 27, 2024
ADVT 
National

CPP Reform Should Move Ahead Even If Some Provinces Oppose A Deal: Kathleen Wynne

Darpan News Desk The Canadian Press, 17 Jun, 2016 01:10 PM
  • CPP Reform Should Move Ahead Even If Some Provinces Oppose A Deal: Kathleen Wynne
OTTAWA — Ontario Premier Kathleen Wynne says any eventual deal to reform the Canada Pension Plan should move forward, even if a handful of provinces oppose the move.
 
Negotiations to enhance the pension plan are expected to dominate talks during Monday's meeting of federal-provincial finance ministers.
 
But any changes to the CPP would require the consent of a minimum of seven provinces representing at least two-thirds of the country's population.
 
Wynne tells The Canadian Press that the country should find a way to move forward with CPP reform as long as there is agreement among the minimum number of provinces.
 
For years, Ontario has been pushing hard to upgrade the CPP out of concern that retirees decades from now may lack adequate retirement savings.
 
But the push for reform is a controversial one, leading some provinces to voice concerns about the potential impact increased contributions could have on workers and businesses.

MORE National ARTICLES

Finding A Job Not Just A Matter Of Money For Syrian Refugee Newcomers

Finding A Job Not Just A Matter Of Money For Syrian Refugee Newcomers
OTTAWA — Between them, the three Syrian men gathered in an atrium at Ottawa's city hall on Thursday have 16 children. What none of them have is a job.

Finding A Job Not Just A Matter Of Money For Syrian Refugee Newcomers

OPP Union Officials Face Criminal Charges Following Investigation: RCMP

OPP Union Officials Face Criminal Charges Following Investigation: RCMP
TORONTO — The RCMP say criminal charges have been laid against five people following an investigation into allegations of fraud by top leaders of the union that represents Ontario Provincial Police.

OPP Union Officials Face Criminal Charges Following Investigation: RCMP

Singer Meat Loaf Collapses On Stage During Concert In Edmonton

Singer Meat Loaf Collapses On Stage During Concert In Edmonton
EDMONTON — A publicist for Meat Loaf say the singer's vital signs are "stable and normal" after he collapsed near the end of a performance in Edmonton.

Singer Meat Loaf Collapses On Stage During Concert In Edmonton

Squamish Nation Files Court Case To Overturn NEB Approval Of Trans Mountain

Squamish Nation Files Court Case To Overturn NEB Approval Of Trans Mountain
VANCOUVER — A British Columbia First Nation has launched a court challenge to overturn the National Energy Board's recommendation that the federal cabinet approve the Trans Mountain pipeline expansion.

Squamish Nation Files Court Case To Overturn NEB Approval Of Trans Mountain

'A National Celebration': CBC To Air Finale Of Tragically Hip's Tour In Hometown

'A National Celebration': CBC To Air Finale Of Tragically Hip's Tour In Hometown
The public broadcaster will carry the Hip's hometown show in Kingston, Ont., live on its television, radio and online platforms on Aug. 20 starting at 8:30 p.m. ET.

'A National Celebration': CBC To Air Finale Of Tragically Hip's Tour In Hometown

Morneau Briefing Book Raises Red Flags On Public Pension Investment

Morneau Briefing Book Raises Red Flags On Public Pension Investment
The document, obtained by The Canadian Press, said that between 1991 and 2013, private-sector pension coverage fell from 31 per cent to 24 per cent.

Morneau Briefing Book Raises Red Flags On Public Pension Investment

PrevNext