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National News

08/03/2015 - 13:00
Public Works and Government Services Canada (PWGSC) wishes to advise pedestrians and cyclists that the pedestrian boardwalk on the Alexandra Bridge will be reduced periodically from Monday, August 3, to Wednesday, August 5, 2015, between 9 a.m. and 3 p.m.
08/03/2015 - 08:00
The Canadian Radio-television and Telecommunications Commission (CRTC) today announced that the legal requirements regarding the Voter Contact Registry are now in effect. As such, the CRTC is accepting registrations for the federal election, which is taking place from August 2, 2015 to October 19, 2015.
08/01/2015 - 16:06
The Honourable Christian Paradis, Minister of International Development and La Francophonie, announced the renewal of the partnership between Government of Canada and Rotary Foundation Canada by providing a total of up to $18 million to help save the lives of vulnerable children and reduce poverty in the world's poorest countries.

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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