CARP is calling the federal government’s refusal to allow Ontarians to use the CPP payroll deduction system to contribute to Ontario’s provincial pension plan a “big disappointment.”

It wants Ottawa to let Ontario access the existing CPP payroll deduction mechanism to collect contributions, administer the Ontario Retirement Pension Plan (ORPP), integrate the ORPP within the RRSP contribution limits, or make the legislative changes that will treat ORPP like the CPP for tax purposes, all of which would help Ontario to establish its provincial pension plan.

Read: Ottawa won’t co-operate on ORPP

“Disagreeing as a matter of policy that the Ontario government should not establish a supplementary pension plan as it was elected to do is one thing; forcing taxpayers to pay extra to administer the plan unnecessarily seems unduly churlish,” says Susan Eng, CARP’s vice-president of advocacy.

In a letter to Ontario Finance Minister Charles Sousa last week, federal Finance Minister Joe Oliver said the federal government wouldn’t help the province implement the ORPP and added that the provincial pension plan would “take money from workers and their families, kill jobs, and damage the economy.”

“This ensures that the cost of setting up the ORPP will be much greater than necessary,” Eng says, adding it could also delay the rollout of the ORPP.

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Wayne Neidrauer:

The Ontario Liberal govt no credibility when it come to handling taxpayers money. The number of scandalous mishandlings of this provinces finances by the Liberals should be enough to have taxpayers up in arms protesting this ill conceived pension plan. There are other plans like RRSPs and TFSAs which would satisfy tax payers needs to save which the contributors have control over vs giving money to the Liberals which can’t be trusted. I’m surprised CARP and Ms. Eng are so supportive of this plan which no one still knows how it will be managed. This government has shown a total lack of responsibility towards its taxpaying citizens and anyone with an ounce of financial literacy should be able to see this plan for what it is….a blatant tax grab!!

Friday, August 21 at 9:20 pm | Reply

Frank Gallucci:

CARP should be focusing our attention at recovering the Billion of dollars wasted by the Provincial Liberal Party. ORPP will become a financial tool for the Liberals and not necessarily help Ontarians. No Provincial government has the right to impose unfair pension plans on the provinces most needy and vulnerable.

Saturday, August 22 at 6:42 am | Reply

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