Winning better public pensions so more Canadians can make ends meet in retirement.
For Canada’s unions, it’s a labour of love.
After decades of advocating for stronger public pensions, Canada’s unions are celebrating this summer’s commitment by the federal and provincial governments to the first expansion of Canada Pension Plan retirement benefits in fifty years.
Why has winning a better CPP been a priority for us when most of our members have pension plans at work? Because 11 million Canadian workers don’t. And saving for retirement is tough these days, especially for younger workers in an economy where good secure jobs are hard to come by.
We campaigned for a better CPP because we wanted to win a better future, especially for the next generation. We know that pensions are crucially important, not just to the well-being of workers and their families, but to the economic health and vitality of our cities and communities.
There’s still much more to do. Canadian unions believe we all have a responsibility to work to end seniors’ poverty. So far, to address the rising rate of seniors’ poverty today, we campaigned for and won increases to the Guaranteed Income Supplement. We also campaigned to ensure the eligibility rate for Old Age Security and GIS stayed at 65.