CARP 2017 Ontario Pre-Budget Submission

Charles Sousa says Ottawa shows a lack of leadership and courage in delaying improvements to the Canada Pension Plan.

CARP presented its recommended priorities to the Ontario Ministry of Finance, as the province looks to prepare its budget for spring 2017.

Among CARP’s asks:

Increased Investor Protection:

  • A best interest standard that eliminates compensation-related conflicts of interest
  • The elimination of embedded fees
  • Legislation to enable self-regulatory agencies to collect fines owing.

Restoring sanity to Ontario’s electricity rates:

  • An immediate reduction in hydro rates for low-income seniors
  • The elimination or reduction of peak charges, at least for low-income earners
  • A progressive rate system that rewards those who conserve power while charging more to high energy users.

Support for Caregivers:

  • The introduction of a caregiver means-tested allowance of $100 per week
  • Increased funding for respite care

Funding for Homecare:

  • Increased funding for homecare delivery
  • Standardized reporting to highlight deficiencies and promote equitable services for all Ontarians

The full submission to the Minister can be found here.