NO CPP DEAL

Dec 16, 2013

By Bob Komsic

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Provincial finance ministers are pointing the finger at Jim Flaherty.

Following their meeting at Meech Lake, they say the Federal Finance Minister has blocked a proposal to find ways to enrich the Canada Pension Plan.

The federal minister of state for finance, Kevin Sorenson, says now is not the time to raise payroll taxes to pay for higher pensions, pointing out it would mean lost income and lost jobs.

Ontario’s Charles Sousa vows the province is prepared to go it alone with pension improvements.

The group CARP – a new vision of aging – which has been among those spearheading the move is disappointed.

Vice President of advocacy, Susan Eng, says she doesn’t understand it.

However, she believes as people hear about it more and look at their own circumstances, they’ll come to realize it’s a bread-and-butter issue for all Canadians.

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