New Democrats have always fought for a strong public pension system.
We are pleased that the federal government and eight provinces have reached agreement to improve pension benefits for generations to come.
The fact is Canada is facing a retirement security crisis.
Nearly a third of our workforce – and nearly 60 per cent of young Canadians – will face a steep drop in their standard of living by retirement.
New Democrats have been fighting to strengthen the Canada/Quebec Pension Plan. It’s a better way to help young Canadians save and invest for their future. It’s a better way to make sure our seniors can retire with dignity. Provinces, pension experts, labour unions and seniors’ organizations all agree.
By working together, we have gotten the job done.
The new agreement will make a real difference to future generations of Canadians.
