Tuesday, December 17, 2013

Ontario To Go Ahead With Pension Reform

Ontario is set to go it alone with pension reform after Ottawa blocked a consensus on reforms to the program.

Following a meeting with his provincial counterparts in Meech Lake, Quebec, federal Finance Minister Jim Flaherty says now is not the time to move on the pension issue.

Ontario Minister Charles Sousa disagrees, saying the province will move forward to implement a "made-in-Ontario alternative" to protect Ontario workers in their retirement.

Details on how that will happen are still to come.