Tag : Retirement Security

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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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Canadians Reject Politics of Fear and Division: CLC hopeful for progressive change under Liberal government

October 19, 2015
OTTAWA – The Canadian Labour Congress is congratulating Prime Minister-designate Justin Trudeau and the Liberal party on their election victory, and urging them to act quickly on key priorities for working Canadians. “Canadians have soundly rejected the Conservatives’ politics of fear and division and have voted for change, and we look forward to working to ensure the Trudeau government delivers…
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More delays won’t fix Canada’s retirement security crisis

May 26, 2015
Finance Minister Joe Oliver’s announcement today that he will “consult” Canadians on voluntary increased Canadian Pension Plan contributions shows the government is more worried about appearances than actually tackling Canada’s retirement security crisis, says Canada’s largest labour body. “We know through polling that an overwhelming majority of Canadians already support expanding the CPP through increased mandatory contributions,” said CLC president…
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Are you looking forward to retirement, or worrying about ever being able to?

April 25, 2015
You can choose a more secure retirement for all workers. Solutions for A Better Future Canadians are worried about their retirement, and the number of seniors living in poverty in Canada is on the rise. As older workers near retirement age, many fear they won’t have enough money saved. For some, the investment returns they were promised never materialized. Others…
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Federal Budget 2015: Our analysis

April 24, 2015
Overview and context Budget 2015 sticks closely to the federal government’s seven-year script of spending cuts, restrained investment and tax measures largely benefiting wealthy Canadians. The 2015 budget has been advertised as the return to balance after 7 years of deficits, a period of red ink prolonged by massive tax cuts that further weakened an already sluggish recovery and added…
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Federal Budget 2015: Not the economic stimulus we needed

April 23, 2015
The Canadian Labour Congress says the federal budget does not deliver the economic stimulus Canadians needed to feel better about their future. “As expected, this is a pre-election budget, with lots of little gifts aimed at fending off critics and buying votes from certain constituencies,” said CLC president Hassan Yussuff. “It does not launch the economic stimulus Canadians need to…
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Our solutions to the pension crisis

April 20, 2015
Canada is heading for a crisis. Today, seniors make up about 16% of the population, but within a generation that number will grow to nearly 25%. Between now and 2022, over 3 million workers are expected to retire – but many of them already know they can’t afford to. The legacy of wages that barely keep pace with the cost…
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Did you know senior women are twice as likely to live in poverty as men?

March 3, 2015
For too many women in Canada, retirement means only financial struggle. Senior women are twice as likely to live in poverty as men. 30% of elderly women on their own live below the poverty line. Women are far more reliant on OAS and GIS than men. In 2011, 30% of senior women's total income was from OAS and GIS, compared to only 18%…
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5 ways we are working to improve retirement security

March 3, 2015
The labour movement has been securing workplace pension plans for Canadians for over 100 years. We’ve also led the efforts to improve public pensions for all Canadians, from winning Old Age Security in 1952 to calling for changes to the current Canada Pension Plan. Here is just some of the work we’re doing to improve retirement security for everyone: We’re…
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December 3rd: International Day of Persons with Disabilities

December 3, 2014
December 3rd is the International Day of Persons with Disabilities, a day when we celebrate the contributions of persons with disabilities in our communities, and commit to removing barriers and creating an inclusive and accessible society for all. Canadians with disabilities commonly face severe challenges finding adequate and secure incomes. People with disabilities have lower employment rates and higher rates…
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