CONSULTATIONS ON CANADA PENSION PLAN

Our government is launching public consultations to hear ideas and suggestions from Manitobans on the CPP.

“We believe Canadians will receive the most benefit from the Canada Pension Plan if the provinces and the federal government work to make it better, not just bigger,” said Finance Minister Cameron Friesen.

“Our government wants to ensure the suggestions we are putting forward to strengthen the CPP reflect the priorities of the Manitobans who contribute to this as employers and employees.”

Manitoba only signed the agreement in principle to enhance the CPP when acknowledgment was given that Manitoba’s proposals to strengthen the changes be given consideration at the upcoming finance ministers meeting. Manitoba’s proposals include:

  • indexing the CPP death benefit,
  • undertaking a comprehensive review of CPP survivor and disability benefits, and
  • eliminating the claw back of guaranteed income supplements for widowed seniors’ CPP survivor benefits.

“The Canada Pension Plan is a key pillar of Canada's retirement income system, but more research and analysis is needed to modernize it and ensure that it addresses the realities facing Canadians,” said Friesen. “These public consultations will ensure all Manitobans – employees, business owners, retirees and young people – have the opportunity to share their ideas for how the plan can best benefit everyone who contributes.”