Edward F Murphy News Today : Breaking News, Live Updates & Top Stories | Vimarsana

World something really big happened on monday. And that was there was agreement to actually increase the cpp. So we had a change in government last october. That was a positive on enhancing the cpp. Frankly, ontario would rather do something nationally with the other provinces than do things on their own. So the between ontario and the federal government and doing some further work, there was actually agreement on monday to do two things with respect to the canada pension plan. One was to increase the benefit, and number two is to increase the amount of income thats going to be covered by the benefit. So its a big deal in canada right up there with stabilizing the cpp in the 1990s. So theres a lot of detail to be worked out as to okay, exactly you get down to the bottom line what does it all mean in terms of implementation. A long window on implementation, starts 2019. Sevenyear window to implement the whole thing. That got agreement thats what got agreement from the hesitant provinces ....

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