Letter to Minister of Finance
June 10th, 2013
Irene Mathyssen, MP, NDP Pensions Critic
Dear Minister, I am writing an open letter to urge you to show leadership and honour your commitment to meet and work with the provinces to provide Canadians with the opportunity to increase their retirement investments in the Canada Pension Plan (CPP) and the Quebec Pension Plan (QPP). As I am sure you are well aware, most seniors retiring today will not have the pensions savings that pensions experts recommend for a comfortable retirement. With the eligibility changes to the Old Age Security (OAS) your government has made effective beginning in 2023, the pension savings of future generations are made even more precarious. Canadians are demanding that real action on pensions is needed. In fact, polls show that 75% of Canadians want to increase their contributions to the CPP/QPP.