What they’re saying: Strengthening the CPP

June 24, 2016

“Huge step forward. Biggest social enhancement in more than a generation.”
Lana Payne
Atlantic Regional Director, Unifor

“The decision to enhance CPP is a step in the right direction. The cost of inaction is significant.”
CIBC

“It’s really historic – I never thought this moment would come.”
Hassan Yussuf
President, Canadian Labour Congress

“This federal government has shown great leadership and great desire to do something of great benefit for our young people.”
Charles Sousa
Minister of Finance, Ontario

“Reaching national consensus on such a complex issue is a notable accomplishment. We commend the ministers for their commitment to building on Canada’s strong retirement framework.”
Joanne De Laurentiis
IFIC president and CEO

“I appreciate that the Prime Minister, Premiers, and Canada’s Finance Ministers have heard the concerns of Canadian workers worried about their retirements, and have finally taken action to help the over 11 million Canadians without a workplace pension.”
Mark Hancock
President of Canadian Union of Public Employees (CUPE)

“We think a national comprehensive approach is the way to go…We are pleased that both the federal and provincial governments have agreed to an enhancement of the CPP that will be easy to administer and will improve retirement income security for Canadians.”
Janet Ecker
CEO, Toronto Financial Services Alliance

“Our members and seniors across the country welcome this historic agreement to increase the CPP. This is for our children and grandchildren and will help them save for their future. With the precipitous deadline in workplace pensions, this could not have come at a better time.”
Herb John
President, National Pensioners Foundation