PRPP
The CARP Poll Report on Pension Reform
Key Findings June 14, 2013: Two thirds of CARP members are aware of PRPPs and more than half disagree they are the answer to chronic under-savings and retirement insecurity. The majority disagree with the federal finance minister that the economy cannot withstand increased CPP contributions and benefits, and most agree CPP enhancement is the best answer for the economy. Two … Read more
The CARP Poll: Pension Reform and Driving Report
KEY FINDINGS – PENSIONS March 22, 2013: Members agree that that CARP’s Universal Pension Plan, or its companion advocacy piece, enhancements to CPP and PRPPs, are good because they will provide for a secure retirement and will be financially feasible. They are less likely to be seen as politically feasible, though. The government’s pension solution, Pooled Retirement Pension Plans (PRPPs), … Read more
BC Finance Critic Bruce Ralston’s Op-Ed on Bill 16 (new Povincial PRPP Act)
The pension system across our nation must be more practical and must be improved to work better for Canadians. In an effort to improve the system, eight out of ten provinces, including British Columbia, said they support the enhancement of the Canada Pension Plan (CPP). British Columbia’s New Democrats agree with this approach. We believe the enhancement of the CPP … Read more
Saskatchewan Deputy Premier and Minister of Finance’s Letter to CARP
Responses from the Provincial Finance Ministers are trickling in and we will post them as they continue to arrive. Ken Krawetz, Deputy Premier and Minister of Finance for Saskatchewan wrote responded in a letter dated January 29th 2013. He states that Saskatchewan supports voluntary approaches to improving retirement savings and says that they are not currently supporting a CPP enhancement … Read more
New Brunswick Minister of Finance’s Response to CARP CPP and PRPP Open Letter
Editor’s Note: On December 5th, 2012, CARP issued an open letter to Canada’s Finance Ministers calling on them to fulfill their 2010 promise to enhance the CPP and to facilitate PRPPs and implement better safeguards. Click here to get more background via CARP’s news release. Responses from the Provincial Finance Ministers are now starting to trickle in, we will post … Read more
Manitoba Minister of Finance’s Response to CARP CPP and PRPP Open Letter
Editor’s Note: On December 5th, 2012, CARP issued an open letter to Canada’s Finance Ministers calling on them to fulfill their 2010 promise to enhance the CPP and to facilitate PRPPs and implement better safeguards. Click here to get more background via CARP’s news release. Responses from the Provincial Finance Ministers are now starting to trickle in, we will post … Read more
CARP talks about CPP & PRPPs on New Brunswick’s Todd Veinotte Show
December 20, 2012 – Yesterday, Ms. Susan Eng spoke on the Todd Veinotte Show, based in New Brunswick, about CARP’s response to and position on this week’s Finance Ministers’ meeting on pension reform.. Despite the silver lining that CPP enhancements are still on the table and PRPP shortcomings are still under discussion, CARP was disappointed that nothing was done now … Read more
Flaherty says economy still too weak to boost Canada Pension Plan
OTTAWA – Finance Minister Jim Flaherty is re-introducing options for enriching Canada’s primary pension plan, but says the time is still not right for acting. The dual message comes as Flaherty prepares to welcome provincial and territorial colleagues to a government retreat outside of Ottawa on Monday, where pension reform will again take centre stage in discussions. This article was … Read more
CPP debate delay wins no big supporters
Canada’s Finance Minister Jim Flaherty pushed back a decision about potentially boosting the country’s main public pension system to next year as governments study ways to enhance the plan given rocky economic times. The delay appears to have sparked criticism from both sides of the debate. This article was published by Yahoo Finance on December 18th, 2012. To see this … Read more
Flaherty seeks unity on reform
Jim Flaherty is setting a high bar for boosting the Canada Pension Plan, saying any move to increase benefits and premiums must have the unanimous support of provinces and territories given the importance of the program. The Finance Minister’s position goes beyond the rules for amending the CPP, which mirror the formula for constitutional amendments and require the support of … Read more
