But federal and provincial finance ministers have since met and most of them decided that with the Canadian economy taking a battering due to the collapse in oil prices, now’s not the time to impose higher payroll taxes on workers and employers to enhance the CPP.
Which means Ontario is back to square one — imposing a 1.9% payroll tax on millions of workers (and their employers) who don’t have what Wynne considers adequate pension plans, in order to create her ORPP. Terrific. Back in the real world, the idea of Wynne’s incompetent, spendthrift, debt-ridden government lecturing Ontarians about not saving enough for retirement — and that she has a plan to fix everything — is absurd.
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