Redford needs to stop blocking sensible CPP reforms

Alberta Federation of Labour (AFL) ads say Redford has an opportunity to make positive history – or to go down in the books as the Premier who ignored Canada’s retirement income crisis

Edmonton – The Redford government has an historic opportunity to be part of the solution or part of the problem when it comes to dealing with Canada’s looming crisis of inadequate retirement income for seniors.

As finance ministers from across the country gather this weekend to discuss the crucial issue of reform to the Canada Pension Plan (CPP), the provinces largest workers’ advocacy group, the Alberta Federation of Labour has placed ads in Alberta’s four largest daily newspapers urging Premier Redford to do the right thing and drop her opposition to CPP expansion.

“All the experts and eight out of ten provinces agree. Millions of middle-income Canadians who don’t have workplace pensions are facing the prospect of poverty or significantly reduced standards of living after they retire if something isn’t done,” AFL president Gil McGowan said. “Right here in Alberta, Canada’s wealthiest province, only one in three people will be able to retire with a measure of security. This is a crisis and an expanded CPP is clearly a big part of the solution.”

The ads remind Albertans that before she became Premier, Redford told labour and seniors’ advocates that she supported an expanded CPP. Since being chosen as Premier, she has bowed to pressure from business and banking lobby groups who oppose CPP reform for reasons related to ideology and self interest.

McGowan says Redford is actually making the crisis worse by attacking the pensions of the minority of Albertans who have them.

“Instead of pulling up those who don’t have retirement security by supporting and expanded CPP, she’s dragging down those who have some security by attacking pensions for public sector workers,” McGowan said. “But it doesn’t have to be this way. This weekend, the Alberta government has an opportunity to do the right thing. If Premier Redford joins the majority of provinces who support CPP expansion, future generations of seniors, both here in Alberta and across the country, will thank her.”

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MEDIA CONTACT:
Olav Rokne, Communications Director, Alberta Federation of Labour at 780.289.6528 (cell) 
or via e-mail orokne@afl.org


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