| Historical Information |
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| This post is about a previous Session of Parliament. Any legislation here that did not receive Royal Assent has been terminated. |
C-387 – An Act to amend the Canada Pension Plan – makes it more difficult for a province to withdraw from the Canada Pension Plan.
At the moment if a province wants to pull out of the CPP and provide their own pension plan they first inform the feds that they’re going to do so, then they have two years to pass the legislation to establish their own plan. Once they’ve done this the feds will mark them out of the CPP. This Act changes this process to require the approval of two-thirds of the provinces still in the CPP, who must also have at least two-thirds of the population still in the CPP, before the feds can mark a province out of it.
The general idea here is that a province withdrawing from the CPP could impact the amount of money available in it for the rest of the provinces, so they should have a say in whether or not a province can leave.
Progress of C-387
C-387 is currently outside of the Order of Precedence.
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