Canadian retirees urge finance ministers to maintain CPP status quo

A group representing Canadian retirees is urging federal and provincial governments to protect the Canada Pension Plan as Alberta considers an exodus from the national program.

In an open letter to federal, provincial and territorial finance ministers ahead of their Friday meeting in Toronto, the Canadian Association of Retired Persons said “protecting the value and integrity of our pensions” is top of mind.

It called on the government officials to “step up to protect the national pension plan.”

“Older Canadians across the country are deeply worried by the Government of Alberta’s plan to undermine the integrity of the CPP,” the letter from CARP executive Bill VanGorder said.