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National News

03/29/2015 - 13:00
The Honourable Erin O'Toole, Minister of Veterans Affairs, will make an announcement on behalf of the Government of Canada to benefit Canadian Armed Forces personnel, Veterans and their families.
03/29/2015 - 11:00
March 27, 2015 - The Honourable Ed Fast, Minister of International Trade, will host an export workshop on March 30 in Uxbridge, Ontario. Held in partnership with Canadian Manufacturers & Exporters (CME), the workshop will provide tools and information to help small and medium-sized enterprises reach their full export potential.
03/28/2015 - 12:40
March 28, 2015 - Cherry Hill, Nova Scotia The Honourable Gail Shea, Minister of Fisheries and Oceans, joined by Gerald Keddy, MP for South Shore ¿ St. Margaret's, announced today that the Government of Canada will invest almost $3.5 million over the next two years in harbour improvement projects at four harbours in Nova Scotia. Projects being funded today will provide a safer and more efficient working environment for harbour users and local fishermen.
03/28/2015 - 09:26
The Honourable Rob Nicholson, P.C., Q.C., M.P. for Niagara Falls, Minister of Foreign Affairs, today issued the following statement: "Canada condemns the attacks targeting the Makka al-Mukarama hotel in Mogadishu, Somalia.

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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