Finance and associate finance ministers ask the federal government to reconsider its stance not to allow province to enter into a service agreement with Canada Revenue Agency. ...
Tag Archives: ORPP
Lack of federal co-operation could change the scope of Ontario’s pension plan, lawyers say
Davies's Jessica Bullock says contributions could be taxable, while Torys's Mitch Frazer says the proposed ORPP might have to be reframed as an RRSP or tax-free savings account. ...
Business and labour groups square off over Ontario pension plan
Business groups tell a social policy committee hearing the economic impacts of the proposed plan need more study, while labour groups say it might leave too many workers uncovered. ...
Heard: Human resources group opposes provincial pension plan
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Survey finds workplace pension contributions could shrink in wake of ORPP
The province says it's still working out what would be a pension plan 'comparable' to the planned Ontario Retirement Pension Plan. ...
OFL: All working Ontarians should be included in provincial pension plan
Sid Ryan tells government consultation hearing in Kingston that a clear 'social problem' exists as pensioners make up more than 7 per cent of food bank recipients in the province. ...
Finance ministry starts consultations on pension plan exemptions
A consultation paper examines which workplace pensions plans are comparable enough to qualify as exemptions, and considers what the minimum income threshold should be for the ORPP to kick in. ...
Legislation introduced provides framework for provincial pension plan
If passed, the legislation would see establishment of an Ontario retirement pension plan by Jan. 1, 2017. Also tabled Monday: a bill to create regulatory framework for pooled registered pension plans. ...
National pension advisers call for mixed system for boosting pensions
Association of Canadian Pension Management says governments shouldn’t rely only on mandatory plans, but rather a balanced approach that includes voluntary savings through incentives. ...