CPP- PEI Finance Minister brings CPP proposal to CARP AGM- Thurs Oct 24






October 22, 2013

Toronto, ON: The final stretch: in the run up to the upcoming meeting of Finance ministers where CPP enhancement should be on the agenda, PEI Finance Minister, Wes Sheridan, will bring his proposal to the CARP annual meeting and Chapter Congress.

Minister Sheridan has a pivotal role – he chairs the pensions working committee of the Federal, Territorial and Provincial Finance Ministers and recently released his proposal for a modest CPP enhancement that increases benefits and coverage.

Three years after a modest CPP enhancement was first proposed by the FTP Finance Ministers, this is the first concrete proposal made public and there may be a sufficient consensus of his provincial counterparts to amend the CPP. The federal government is the major holdout.

Experts and editorials have supported this change. What is needed is political will. That’s where CARP members come in.

Minister Sheridan will be speaking to the most politically engaged group on an issue that has been their highest priority – they will take the message back to their respective provinces and pressure their own finance ministers as well as write to Minister Flaherty.

CARP brings together the chairs of its local chapters across the country for the annual event. This year 52 chapter chairs from Victoria to St John’s and all points in between will be attending. They will explore with Minister Sheridan what role they can play to support his proposal.

EVENT Town Hall session on CPP Enhancement headlined by PEI Finance Minister Wes Sheridan
DATE Thursday, October 24, 2013
TIME  2:00 PM Town Hall session – open to Media3:00 PM – MEDIA AVAILABILITY
PLACE 70 Jefferson Avenue, Toronto Ontario – in Liberty Village https://maps.google.ca/maps?hl=en&tab=il Parking available
CONTACT Sarah Park
[email protected]

Recent coverage of CPP enhancement proposals and CARP open letter:








CARP is a national, non-partisan, non-profit organization committed to advocating for a New Vision of Aging for Canada, social change that will bring financial security, equitable access to health care and freedom from discrimination. CARP seeks to ensure that the marketplace serves the needs and expectations of our generation and provides value-added benefits, products and services to our members. Through our network of chapters across Canada, CARP is dedicated to building a sense of community and shared values among our members in support of CARP’s mission.


For further information, please contact:

Sarah Park   416.607.2471
Media Relations, Policy Researcher and Coordinator
[email protected]

Michael Nicin   416.607.2479
Director of Policy
[email protected]