ONTARIO PENSION PLAN IN THE WORKS

Jan 28, 2014

By Michael Kramer

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Ontario Premier Kathleen Wynne says the province is going to go-it-alone and create a provincial pension plan.

Wynne says details will be unveiled this spring.

That could come ahead of a widely expected provincial election.

Wynne says she’s worried that middle income earners aren’t saving enough to enjoy a secure and comfortable retirement.

A panel of experts held their first meeting today – headed by former prime minister Paul Martin.

Susan Eng from Carp – a new vision of aging for Canadians – is one of the experts on the panel.

She says she’s feeling positive about the government’s move and there’s a lot of expertise among the members of the panel – who want to get things underway quickly.

Premier Wynne says Ontario has to go-it-alone because the federal government refuses to enhance the Canada Pension Plan.

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