This article was last updated on April 16, 2022
Canada: 
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Finance Minister Jim Morneau has assured that Canada Pension Plan changes will be on the agenda in his annual meeting with the finance ministers from provincial and territorial governments on Sunday and Monday in Ottawa.
The federal Liberals made a campaign promise to improve the current public pension program and so Minister Morneau has stated that “we’re going to talk about Canada Pension Plan enhancement and how we might be able to work together in that regard.” However, not all of Morneau’s counterparts are on board with the promised “enhancement.” Saskatchewan Finance Minister, Kevin Doherty, mentioned in his remarks on Sunday that “our position is that now is not the time for any CPP enhancement,” adding that “we in Saskatchewan are in a very challenging economy right now, given the oil situation.” Furthermore, Doherty pointed out that Saskatchewan is not the only province that feels this way but Alberta and Newfoundland are also struggling to cope with lower oil prices. He stated that “(it is not) the time for enhanced, mandatory contributions, not only for individuals but for our business community.”
Whereas on the other hand, Ontario Premier Kathleen Wynne’s Liberal government has already promised that it would implement a provincial pension plan in case the federal government fails to implement a national strategy. According to Ontario Finance Minister Charles Sousa, “unless a universal system is enhanced sufficiently … we’re moving on a second track, which is to provide an Ontario pension plan.”
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