While campaigning in Toronto, ON, NDP Leader Jack Layton promised that an NDP government would double the size of the Canada and Quebec Pension Plans and allow Canadians to invest personal savings into their pensions. The NDP would also amend federal bankruptcy legislation to make pensioners and workers on long-term disability the priority creditors when their employers declare bankruptcy, and they’ll invest an additional $700 million annually in the federal Guaranteed Income Supplement.
While campaigning in Toronto, ON, NDP Leader Jack Layton promised that an NDP government would double the size of the Canada and Quebec Pension Plans and allow Canadians to invest personal savings into their pensions. The NDP would also amend federal bankruptcy legislation to make pensioners and workers on long-term disability the priority creditors when their employers declare bankruptcy, and they’ll invest an additional $700 million annually in the federal Guaranteed Income Supplement.