Government Initiatives

NCP.jpg

CanadianVictimsBillOfRights.png

eap-logo-eng.jpg

resp-resource-dev-eng.jpg

National News

09/02/2014 - 13:05
OTTAWA—His Excellency the Right Honourable David Johnston, Governor General of Canada, will receive the letters of credence of six new heads of mission on
09/02/2014 - 12:49
OTTAWA—His Excellency the Right Honourable David Johnston, Governor General of Canada, will receive the letters of credence of six new heads of mission on
09/02/2014 - 11:59
Announcement on Wednesday about arts and culture in Whitehorse
09/02/2014 - 11:00
Foreign Affairs Minister John Baird today concluded his first official visit to the Republic of Albania, where he continued to promote a strong and coordinated response to address ongoing threats to global security, most notably in Europe and the Middle East. Baird's visit coincides with deliveries by Canadian Armed Forces of military equipment donated by Albania to security forces in Iraq fighting the Islamic State of Iraq and the Levant (ISIL).

STRAHL URGES PASSAGE OF NEW RETIREMENT SAVINGS VEHICLE

Old%20couple.jpg

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

-30- 

Get Email Updates

  • RT @CTSociety: @ChwkTimesSports Great Doubles tournament with Joe Massie/ Nate Toews taking the championship with a 6-2,6-2 win http://t.co… 16 hours 45 min ago
  • RT @CPC_HQ: Today we pay tribute to the victims of #communism and celebrate the freedom that #Canada represents #cdnpoli http://t.co/4pj4Zb… 1 week 2 days ago
  • @DavidJohnWilks, thanks for hosting! 1 week 3 days ago

markstrahl's photostreammarkstrahl
photostream

markstrahl channel