Close X
Friday, October 4, 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

Tom Mulcair Returns To The Commons After Emotional, Divisive Convention

Mulcair plans to remain at the helm of the NDP until a successor is chosen, up to two years from now.

Tom Mulcair Returns To The Commons After Emotional, Divisive Convention

Loonie Soars To Highest Level In Half A Year As Crude Prices Climb Above US$40

The trading week started Monday with a bang, as the Canadian dollar soared to its highest level in half a year on the back of rising crude and gold prices.

Loonie Soars To Highest Level In Half A Year As Crude Prices Climb Above US$40

Police Break Up Suicide Pact Of 13 Young People In Attawapiskat, Ont.

An aboriginal official in northern Ontario says a nine-year-old child and 12 other youths were overheard making a suicide pact Monday on a remote First Nation mired in a suicide crisis.

Police Break Up Suicide Pact Of 13 Young People In Attawapiskat, Ont.

Labour Groups Lobby Alberta For Universal Early Childhood Education Program

EDMONTON — Labour groups are lobbying Alberta's NDP government to set up  universal early childhood education and child care.

Labour Groups Lobby Alberta For Universal Early Childhood Education Program

Parents Of Autistic Kids Demand Ontario Not Cut Five-year-old Kids Off Wait List

TORONTO — Dozens of parents of children with autism are at the Ontario legislature today demanding the government reverse a decision to defund intensive therapy for children five and older.

Parents Of Autistic Kids Demand Ontario Not Cut Five-year-old Kids Off Wait List

Final Cost Of 2015 Alberta Election Almost $19m: Chief Electoral Officer

Final Cost Of 2015 Alberta Election Almost $19m: Chief Electoral Officer
He said costs went up due in part to Alberta's 10 per cent population increase and because then-premier Jim Prentice decided to drop the writ a year early.

Final Cost Of 2015 Alberta Election Almost $19m: Chief Electoral Officer