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National News

12/21/2014 - 06:09
Lois Brown, Parliamentary Secretary to the Minister of International Development, on behalf of the Honourable Christian Paradis, Minister of International Development and La Francophonie, will visit GlobalMedic volunteers in Mississauga, Ontario, on December 22, 2014. Ms. Brown will be joined by the Honourable Bal Gosal, Minister of State (Sport) and Member of Parliament for Bramalea-Gore-Malton.
12/19/2014 - 15:55
Canadian Army soldiers in Poland as part of Canada's contribution to NATO assurance measures in Central and Eastern Europe have completed activities for 2014 and returned to Canada last week.
12/19/2014 - 14:55
December 19, 2014 - Montreal, Quebec The Canadian Coast Guard and the Ontario Provincial Police have warned that icebreaking operations will begin in various areas of the Great Lakes as seasonal conditions change.
12/19/2014 - 14:45
The Honourable Robert Nicholson, Minister of National Defence, the Honourable Rona Ambrose, Minister of Health, and Canada's Chief Public Health Officer, Dr. Gregory Taylor, today announced that a mobile laboratory has been set up at a second site in Sierra Leone. In addition, following extensive training alongside their British military counterparts, approximately 40 Canadian Armed Forces (CAF) healthcare and support staff will depart the United Kingdom (UK) on Saturday for Sierra Leone.

STRAHL URGES PASSAGE OF NEW RETIREMENT SAVINGS VEHICLE

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Ottawa- Speaking in the House of Commons, Chilliwack-Fraser Canyon MP, Mark Strahl, urged passage of Bill C-25: Pooled Registered Pension Plans Act.

"Hardworking Canadians, without a private pension plan, have called for this type of retirement savings vehicle." Strahl added, "Passage of this bill will mark a significant step forward in securing their retirement."

Pooled Registered Pension Plans (PRPP) will allow small and medium sized businesses, their employees and those who are self-employed to pool their money to provide for accessible, straightforward and administratively low-cost pension plan by reducing the legal and administrative burden faced by employers. It is because of these costs that 60 per cent of Canadians don't have access to a private pension plan.

According to Strahl, PRPPs offer a number of benefits, including:

  • easy enrolment due to low administrative cost and simple arrangement,
  • flexibility for employees and employers in setting their contribution amounts; and
  • portability, allowing employees to move their account as they change careers and employers.

"Millions of Canadians stand to benefit from access to this new low-cost pension plan with the passage of this bill."

For more information, please visit: http://www.fin.gc.ca/act/prpp-prac/index-eng.asp

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