Ontario Community Newspapers

Waterloo Chronicle (Waterloo, On1868), 9 Apr 2014, p. 21

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, WA‘t‘t-IRiAX) CHIONICLE - Wednesday, April 9, 20M - 2i Difl‘erences between pooled pension plans and Ontario’s plan ne of many issues for the Ontario Pension Plan will be , The long-term fiscal health of mediumâ€"sized enterprises with local and provincial busi« created. , programs in Ottawa and Queen's fewer than 500employees ness community in the The private sector option is the . 4 ‘ Park is increasingly contingent on The vast majority of these conir upcoming election campaign is introduction of Pooled Registered , ~ \ fewer workers paying for social pro- panies do not have any retirement pension and "glimmer“ income. Pension Plans, which are managed 1 grams such as retirement programs plans in place. and as our chamber While this issue may not begen- by regulated financial service i like (IPP. has heard from many small busiv crating the attention of funding providers such as Manulife and Sun , a]; The OCC and (KIA report also nesses in Waterloo Region, the public transit or the cost of munici» life. if concludes that employers want PRPP option allows them to offer pal policing, it is a persistent conr A report from the Ontario é V 7 pension solutions that support programs that are easily adminis- ‘ fern for employers Of all sizes Chamber of Commerce and the ~ . rather than impede longâ€"term tratedandcostvefiective. * across all sectors both here in the Certified General Accountants of - Ontario competitiveness It is crystal clear that business Region and across the country. Ontario, released in late March. » 3 ‘ They also want it targeted to wants the government to pursue I l'he current debate .3 increas indicated that businesses surveyed groups that require additional pen» the PRPP option and enable small ' ingly ftx‘used on the Ontario govr across the province strongly prefer k at? sion support, and build on and medium sized businesses a l ernnient's consideration and dig the PRPP option versus escalation Ontario’s position as a global finan- realistic opportunity to provide ' cussioii around the merits ofa gov ofthe public system, cial services leader. retirement programs for their l ernment managed pension plan to Based on employer roundtahles In Ontario. close to 1.3 million employees. ' supplement the Canada Pension and a survey of LNG employers W, , , , , , workers do not have access to any Plan, versus private sector solti (‘UmlUClt’d by “‘30" Marketing. 86 choice ofa public Ontario plan ver WW Ol- employerw<nmred WUTK' “' [Him through Pooled Registered per cent suppon the private plan as gm pRpps is one mug But the key place pension plan, [an Mclmn is the Pension Plans. opposed to (IPP enhancements or mug is ensuring income security of Furthermore, more than 90 per president and (.15!) ofIhe Urea/er ‘ ”1(- dphuu- (pntn-g on whether .i newOl’P the ever increasing senor popula cent of new jobs over the last Kitchener Waterloo ( 1111"th of " the (PP will be expanded or a new In the broader perspective. the lion m Ontario. decade were created by small and (Women? Discovery Seminars headlini- liach oitlie 10 business Discov Kitchener»Waterloo area for one Business l-ixpo includes a bust until 8 pin. with seminars sclii-tl this year‘s Business Litpo, April It), erv seminars focuses on one day. Although given by industry ”(‘5st business trade-show pie tiled at selected times tit llirigt-nians ( .iinieri-ricet t'tilrl' aspect ol increasing sales, redut‘ leaders all seminars are intended writing row after row of commcr laxpo staff suggest you we reg ' lllt‘ seminars are lM'llig held in trig costs or strcaniliniiig business to be impartial and informative cial products and serVices plus an islet for those seminars you would l toniuiit tiori With the Waterloo operations Presentations are designed to give opportunities showcase, repre like to attend as space is limited i Wellington Business l~.xpo and are lhis seminar series Is already practical value to corporate mart setiting a wide range of busmesses For a full list of seminars and 1 sponsored by more than ’it) local booked for a number of business agers, business owners and potcii and franchises available. more information on the Business businesses, along wllll govern to business events across (‘anada tial entrepreneurs alike. The Waterloo Wellington Busi- lixpo Visit wwwwaterloo welliiig l tilt'lll funding and Is only scheduled to be in the In addition tti the seminars, the tress lbtpo stans at 1 pin and nuts ton ca l I o I | o o A tea tor WI gurde you to the right house. We gur e you to t e rig t mortgage. A met tgtigt: plL‘nlppWle. a. StL‘l)“l)y‘SlCl) Olillllt. golds and a great mic, ' , , ~ , t i ‘ , ' {vet ytliiiig you need .ilHl mum when buying your first home. ' bmo.(om/homebuyersgurde ‘ i O i - . - i f 1 i:\iii 2 IL. w \luiiiimil W D” M d an 0' W

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