Close X
Thursday, October 3, 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

Two-thirds Of Quebecers In Favour Of Gun Registry: Survey

Two-thirds Of Quebecers In Favour Of Gun Registry: Survey
Leger's poll for PolySeSouvient comes as provincial lawmakers study Bill 64, which, if passed, would create Canada's only provincial long-gun registry.

Two-thirds Of Quebecers In Favour Of Gun Registry: Survey

Indigenous Economy Worth $1.1 Billion In Atlantic Canada, Study Finds

Indigenous Economy Worth $1.1 Billion In Atlantic Canada, Study Finds
The study says the indigenous economy creates more than 16,700 full time equivalent employment positions and contributes $184.5 million in overall tax revenues.

Indigenous Economy Worth $1.1 Billion In Atlantic Canada, Study Finds

Qatar's Largest Bank Investigating Alleged Data Breach

Qatar's Largest Bank Investigating Alleged Data Breach
Four people identified in the files and reached by The Associated Press confirmed their personal information was authentic.

Qatar's Largest Bank Investigating Alleged Data Breach

KPU Tech students honour fallen workers

KPU Tech students honour fallen workers
Students at KPU Tech built a brick installation to pay tribute to the B.C. workers who died on the job in 2015.

KPU Tech students honour fallen workers

Starting October 20, Air Canada To Launch Non-stop Service Between Vancouver And Delhi

Starting October 20, Air Canada To Launch Non-stop Service Between Vancouver And Delhi
The service will begin in time for Diwali festivities and marks an important milestone in YVR’s future growth.

Starting October 20, Air Canada To Launch Non-stop Service Between Vancouver And Delhi

Victoria's Homeless Campers Prepare To Take On Government In Court Battle

Victoria's Homeless Campers Prepare To Take On Government In Court Battle
VICTORIA — Homeless campers living in tents outside of Victoria's courthouse say they blame British Columbia's provincial government for creating the shanty-town conditions in a downtown neighbourhood.

Victoria's Homeless Campers Prepare To Take On Government In Court Battle