Retirement Security for Everyone: Expand the CPP

Canada’s finance ministers will be meeting December 19th to 20th in Kananaskis to deal with our retirement security crisis. The best option is to increase benefits under the Canada Pension Plan to make up the retirement shortfall, as the Canadian Labour Congress has been successfully advocating.

This option is supported by almost 2/3 of Albertans, virtually all provincial finance ministers, the federal finance minister, as well as seniors’ groups, public policy advocates, and of course organized labour - but not the Alberta government.

Alberta Finance and Enterprise Minister, Ted Morton, has come out strongly against any expansion of CPP. Instead, he is proposing an optional voluntary program managed by the private sector that would not guarantee benefits, and that analysis shows would not make up the shortfall.

Because of his stature within the Conservative party both nationally and provincially, Morton’s opposition threatens to derail national pension reform. This is why he must be stopped