Some replies were pro forma but a couple such as British Columbia’s showed some direct commitment. The Ontario Ministry of Finance invited CARP to participate in a round of feedback on the Arthurs report Click here for p.1 of the Ontario letter and here for p.2.

There has been a perfect storm of events that drives the momentum towards finding a safe harbour. There is political recognition that something needs to be done to improve retirement security. But the push back will come from the private pension fund industry, mutual fund advisors as well as employers who may see this as an unwarranted cost. So there are hurdles to overcome and the politicians will need your encouragement to make the right political choices.

As always, you can have your say by using CARP’s e-voice, a convenient system you can use to instantly email your federal and provincial representatives. You can also contact your Minster of Finance or send in your submissions. Either respond to the federal government’s discussion paper, or provide your feedback to the Ontario or here for the Alberta/British Columbia commissions.

For more financial highlights from the CPPIB report visit the CPP Investment Board website at http://www.cppib.ca/