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Provinces fail to reach deal with Ottawa to enhance CPP; Auditor finds OPG salaries, pensions, bonuses push up Ontario's electricity rates; Canada Post phasing out door-to-door delivery to cut big losses
|Canadian HR Reporter|Last Updated: 01/13/2014

Provinces fail to reach deal with Ottawa to enhance CPP

OTTAWA — The federal and provincial governments failed to agree on a deal to enhance the Canada Pension Plan (CPP). Some provinces want to boost payouts by obliging workers and employers to make higher contributions. But the feds said asking people to pay more when the world economy is still fragile makes no sense. But Ontario will find a solution to bolster retirement savings — which will likely mean an Ontario pension plan, according to provincial finance minister Charles Sousa.