Bill Detail
An Act to amend the Canada Pension Plan
BillC-387
Session44-1
StageOutside Order of Precedence
Introduced2024-04-30
Proposed byHeather Mcpherson
This enactment amends the Canada Pension Plan to provide that the consent of at least two thirds of the provinces that do not provide a comprehensive pension plan is required before a province may adopt such a plan.
✦ AI Summary
Bill C-387 proposes changes to the Canada Pension Plan (CPP). Currently, provinces can choose to have their own pension plans instead of participating in the CPP. This bill would require that provinces wanting to opt out of the CPP to establish their own pension plans need the approval of at least two-thirds of the provinces that *don't* already have their own comprehensive pension plans. This measure aims to protect Canadians' pension benefits by making it harder for provinces to withdraw from the CPP.
Generated by Gemini · may contain errors
Legislative Timeline
2024-04-30
First reading
✦ AIBill proposes CPP plan changes requiring two-thirds provincial consent.
Current
Outside Order of Precedence