St. John’s – CUPE NL President Wayne Lucas is commending his province’s finance minister for taking a strong position on the need for reforms to the Canada Pension Plan (CPP).
Says Lucas, “Last week Tom Marshall met with his federal, provincial and territorial counterparts in Toronto and we were pleased to see that NL is one of a number of provinces that reiterated its support for badly-needed improvements to the CPP.”
A government-issued news release on the issue even went so far as to state, “We believe such an enhancement will improve the retirement incomes of residents of our province and the country, and we are hopeful the federal government and provinces and territories will move in this direction.”
Says Lucas, “It is significant that Minister Marshall and his government has gone on public record stating an enhanced CPP is the best option to address the retirement income shortfall facing Canadians in their retirement. He also agrees with the position that the Canadian Labour Congress has been taking – which is contrary to Federal Finance Minister Jim Flaherty’s stance – that the economy is strong enough to support the modest increase to CPP payments.”
President, CUPE NL
(709) 727-2509 (c)
CUPE Communications Representative
(902) 455-4180 (o)