Ontario Retirement Pension Plan

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Ontario Retirement Pension PlanOpen image in modalIn August, Ontario Premier Kathleen Wynne announced the creation of the Ontario Retirement Pension Plan. The plan is intended to supplement CPP for workers without workplace pensions. It has been criticized by the Ontario NDP for allowing exemptions to employers that offer defined contribution pension plans saying that workers in high-cost private pensions will be left out of lower-cost public plan.