WYNNE CREDITS ONTARIO FOR CPP REFORMS AGREEMENT

Jun 21, 2016

By Bob Komsic

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There wouldn’t be a new Canada Pension Plan agreement in principle today if Premier Kathleen Wynne says she hadn’t been a ”thorn in the side” of her provincial counterparts.
Kathleen Wynne
She adds the issue would have stayed on the back burner if her government had not pushed the made-in-Ontario plan to be examined by the other provinces and Ottawa.
Wynne says the new arrangement with the federal government and all other provinces except Quebec and Manitoba, will provide about two-thirds of the benefit increases Ontario workers would have received under the Ontario Retirement Pension Plan, and will start a year later, in 2019.
The premier can’t say how much it would cost to shutdown the corporation set up to administer the ORPP nor how much was spent preparing for the plan that will no longer be needed.
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