Submission to the Department of Finance Consultation on a Potential Federal Framework for Target-Benefit Pension Plans The CLC submitted this proposal to the Department of Finance recently to provide input on the proposed federal framework. While we recognize the focused nature of the consultation, it raises fundamental concerns of plan beneficiaries’ rights under pension legislation and jurisprudence, funding requirements, plan…
Leaving No One Behind: Promoting a Society for All – the CLC celebrates National Seniors Day and the International Day of Older Persons
October 1, 2014
Leaving No One Behind: Promoting a Society for All is the theme of this year’s International Day of Older Persons commemorated on October 1. Since 2011 Canada has also marked this date as National Seniors Day, a day for Canadians to pay tribute to “the seniors who have helped build our country and continue to make valuable contributions to Canadian…
The CLC Calls on the Federal Government to Move Forward, Not Backward, on Retirement Security
July 2, 2014
OTTAWA ― Hassan Yussuff, the President of the Canadian Labour Congress, says that the labour movement in Canada has clearly and forcefully told the federal government that it has no business encouraging employers to tear up past pension promises and cut seniors’ pensions. “Don’t be fooled by anything the government says about this initiative. It’s about attacking defined-benefit pension plans,…
The new President of the Canadian Labour Congress says voters in Ontario sent a clear message when they rejected the politics of austerity and declined to vote for policies that target working people as the scapegoats for the economic failure of others. “If you think you can win by blaming workers for the problems caused by others, you better think…
Sorenson announcement another attempt to undercut pensions: Workers don’t need more risk in their retirement security
April 24, 2014
The Conservative government is once again making proposals that would load the dice against working Canadians when it comes to their pension plans, says CLC president Ken Georgetti. “Time and again this government has promoted ideas that would make it more difficult for Canadians to achieve retirement security,” Georgetti says. “This latest announcement fits into that category.” Georgetti was responding…
Federal government did not tell whole story on CPP: ATIP documents show Finance Department manoeuvrings
March 27, 2014
OTTAWA ― Minister of State for Finance Kevin Sorenson and his department provided misleading information to journalists and the public at a crucial time during the federal-provincial debate in December 2013 over expansion of the Canada and Quebec Pension Plan (CPP/QPP), says Ken Georgetti, president of the Canadian Labour Congress. “The Finance Department prepared material that was published in a…
Conservatives blocking CPP improvements Finance Minister pandering to special interest groups
December 16, 2013
OTTAWA ― The President of the Canadian Labour Congress says the Conservative government is blocking all attempts to improve the Canada and Quebec Pension Plans, and Ken Georgetti is calling on ordinary citizens to help provincial governments push back against that irresponsible decision. Georgetti was commenting on a meeting of federal and provincial finance ministers in Ottawa and at Meech…
Now is the time to expand the CPP: New CLC research shows enhancements affordable
December 12, 2013
OTTAWA ― Ken Georgetti, president of the Canadian Labour Congress, says that the time for action has arrived on expanding the Canada and Quebec Pension Plan (CPP/QPP). “Retirement security is one of Canadians’ biggest concerns and rightly so,” Georgetti says. “There’s no big secret why we should expand the CPP – it simply makes sense.” Georgetti’s comments come as Canada’s…
Fraser Institute pension study hypocritical – Georgetti says Fraser fronts for big business, conservative politicians
September 16, 2013
OTTAWA ― The Canadian Labour Congress says that a study released by the Fraser Institute, which attacks the pensions paid to men and women who provide public services to Canadians, is hypocritical. “The Fraser Institute claims to be independent and non-partisan,” says CLC President Ken Georgetti. “But the Institute is well known for taking millions of dollars in contributions from…
The time for pension leadership is now: Georgetti calls on Premiers to move forward with an expanded Canada Pension Plan
July 24, 2013
OTTAWA ― The Canadian Labour Congress is pleased Ontario has pledged to continue to press for an expanded Canada Pension Plan at this week’s Council of the Federation meetings. Ken Georgetti, the President of the Canadian Labour Congress says he was pleased to learn that Ontario Premier Kathleen Wynne is keeping CPP expansion on the agenda for the premiers to…