Kathleen Wynne may nix provincial pension plan if Trudeau wins - Action News
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Toronto

Kathleen Wynne may nix provincial pension plan if Trudeau wins

Ontario Premier Kathleen Wynne says she would drop the idea of creating a provincial pension plan if Liberal Leader Justin Trudeau becomes the next prime minister.

Ontario premier has backed federal Liberal counterpart throughout federal campaign

Ontario Premier Kathleen Wynne said she may kill the idea of creating a provincial pension plan if Justin Trudeau's Liberals win the federal election. (Adrian Wyld/Canadian Press)

Ontario Premier Kathleen Wynne says she would drop the idea of creating a provincial pension plan if Liberal Leader Justin Trudeau becomes the next prime minister.

Wynne says she couldn't convince the Harper government to enhance the Canada Pension Plan, so her government introduced an Ontario Retirement Pension Plan that would mirror the CPP, adding to benefits for Ontario workers who do not currently have a private pension plan.

She says if Trudeau wins the Oct. 19 federal election and is willing to improve the CPP, that would be "the solution" to her concerns about people not having enough money to live on when they retire.

Trudeau has been campaigning on a promise to expand the CPP and to return the age of eligibility for Old Age Security to 65 from 67.

The Ontario pension plan, scheduled to begin Jan. 1, 2017, will require mandatory contributions of 1.9 per cent of pay from employers and a matching amount from workers at any company that does not offer a pension.

Wynne is campaigning with federal Liberal candidates in the Toronto area today, and says she's not worried her attacks on Stephen Harper's Conservatives will make it hard to work with them if they're re-elected.