Tag : Retirement Security

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Canada’s unions say they hope finance ministers are fixing CPP inequities

December 12, 2017
Canada’s unions say they are encouraged that Canada’s finance ministers are working to strengthen the Canada Pension Plan and hope that means parents who take time off work to raise children and workers with disabilities will not be penalized. A statement issued by Canada’s finance ministers today promises “to provide greater benefits to parents whose income drops after the birth…
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Canada’s unions celebrate adoption of CPP expansion legislation

November 30, 2016
Canada’s unions are celebrating today’s adoption by the House of Commons of Bill C-26, a legislation that will expand the Canada Pension Plan for the first time in the plan’s history. “Winning a stronger CPP has been a key priority for us for years and is an excellent example of the good that can come from collaborative work between unions…
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Canada’s unions call anti-pension bill C-27 a betrayal

November 16, 2016
Canada’s unions are organizing against Bill C-27 a new piece of federal legislation that enables Crown corporations and federal private-sector employers to back out of defined-benefit pension commitments. “This bill was announced without consultation or advance notice, though it directly contradicts election promises to stabilize and improve retirement security,” said CLC President Hassan Yussuff, who wrote a letter to Finance Minister…
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What an expanded CPP means for someone like you

July 21, 2016
What does a better plan for all mean, in real terms? We calculated the difference that the Finance Ministers’ planned CPP expansion would make for four typical Canadians, whose stories might be similar to you, or someone you care about. Fitness Instructor Jayden is a 24-year-old fitness instructor. He combines several part-time jobs at fitness centres around Mississauga and Etobicoke. His income…
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Canadian unions celebrate announcement of universal CPP expansion

June 21, 2016
VANCOUVER – The Canadian Labour Congress is celebrating today’s announcement by the Finance Ministers that they have agreed to a modest universal expansion of the CPP. The CLC and its member unions have supported an expanded CPP for more than 50 years and have been actively campaigning on this issue since 2009. “Too many Canadians today are struggling in retirement…
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Canadian unions launch new CPP campaign “A Better Plan for All”

May 20, 2016
Today unions of the Canadian Labour Congress launched a new website and ad campaign to raise awareness about the need for a universal expansion of the Canada Pension Plan (CPP).  “With 600,000 Canadian seniors living in poverty, and 11 million workers lacking a workplace pension plan, retirement is something all Canadians need to start thinking about today. Even for employees…
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Win for workers as government restores eligibility age for retirement benefits

March 17, 2016
Today the Canadian Labour Congress celebrated the Prime Minister’s announcement that his government will maintain the eligibility for Old Age Security at 65. In 2012, the Conservatives announced they would raise the age to 67 starting in 2023. “We have been calling for the government to ensure the eligibility age remains at 65 since the Conservatives announced the change four…
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Ontario must hold off on ORPP and lead on CPP expansion instead

January 27, 2016
Canada’s largest labour organization wants the Ontario government to hold off on implementing the Ontario Retirement Pension Plan and take the lead on finding a pan-Canadian solution to the looming retirement security crisis instead. “We hope Premier Wynne will consider putting the Ontario-only plan on hold and instead play a leadership role with the federal government, other provinces and the…
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CLC says Finance Ministers’ CPP announcement is an important first step

December 21, 2015
OTTAWA – Since 2009, the Canadian Labour Congress has been actively campaigning for an expanded Canada Pension Plan. Today, it responded to the Finance Ministers’ announcement that they will begin discussion and consultation on options for the CPP going forward. “Expanding the CPP is something Canadians support and it’s already long overdue,” said Canadian Labour Congress President Hassan Yussuff. “We’ve had…
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CLC urges Finance Ministers to commit to universal expansion of the CPP

December 17, 2015
After a lifetime of hard work, no one should have to retire in poverty. But if you or a family member is worried about being able to afford to retire, you’re not alone. Today, nearly two in three working Canadians – that’s 11 million workers – have no workplace pension plan. With baby boomers about to retire in unprecedented numbers,…
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