The two sides reached an understanding over the holiday weekend after months of talks, kicked off shortly after Justin Trudeau's federal Liberals won the last election. Trudeau had promised to overturn former Conservative prime minister Stephen Harper's public vow to thwart the provincial pension plan.
Tuesday, February 16, 2016
ONTARIO PENSION PLAN WINS FEDERAL LIBERAL SUPPORT
Ontario has secured the launch — and long-term future — of its new pension plan by winning support from Ottawa to collect payroll premiums through its existing CPP framework, the Star has learned. The long-sought agreement bolsters the Ontario Retirement Pension Plan (ORPP) at a critical time — by avoiding costly duplication of services and red tape, streamlining the process for nervous employers and sparing the province massive startup costs.
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"Sousa must clear up the confusion about the ORPP serving as a new "pool" of capital for the Ontario government, ...
ReplyDeleteHere,let me finish that sentence for you, Mr. Martin Regg Cohn:
...and if he doesn't, I won't do a thing about it."
Yes I'm sure Cohn will really hold Sousa's feet to the fire on this one. Just like he has done to the Liberals over the past 10 years. He is nothing but a blatant Liberal bag man. Here is an article he wrote last week to convince the public that a provincial pension plan will have no negative impact. http://www.thestar.com/news/queenspark/2016/02/09/time-to-slay-the-myth-of-job-killing-pension-plans-cohn.html
DeleteZerohedge had a good posting yesterday about government making a move on retirement savings...Wynnebags pension scheme would be the same sort of confiscation they are referring to.
ReplyDeletehttp://www.zerohedge.com/news/2016-02-15/heres-why-and-how-government-will-borrow-your-retirement-savings
I would venture a guess that Mr. Cohn has aspirations of becoming liddle Juthtinth' Preth Offither.
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