Pensions

There is no question that Canada’s finance ministers reached an historic agreement in Vancouver on June 20. There is also no question that the changes in CPP design that the ministers agreed upon represent an eventual increase in CPP benefits for all workers when compared to the current CPP design. That said, two additional questions need to be asked when assessing the agreement: 1)      To what extent are the workers most in need of a boost in...

Prime Minister Elect  Justin Trudeau has promised to do what Stephen Harper pointedly refused to do – help Premier Kathleen Wynne implement Ontario’s new pension plan. But reconciling Trudeau's long-term vision of enhancing the Canada Pension Plan (CPP) with Wynne's "ready-to-go" Ontario Retirement Pension Plan (ORPP), could prove tricky. Trudeau to help on short-term implementation issues The Conservative government refused to change federal regulations to help establish and collect contributions for the Ontario Retirement Pension Plan...

In this post, Canada Fact Check takes a look at five key issues facing the newly elected Trudeau government for the period leading up to, and including, the early-Spring budget. Infrastructure The new Liberal government’s top priority will be to quickly implement its high profile infrastructure program. Trudeau says a Liberal government will run deficits for three straight years and will double spending on infrastructure to stimulate economic growth. According to a Liberal policy paper, the Liberal fiscal...