Agreement in Principle: Provincial Finance Ministers

provincial finance ministers: Expansion of the pension plan will be the No. 1 item under consideration at the annual end-of-year meetings of federal and provincial finance ministers, which take place Sunday and Monday in Ottawa, and some see momentum building for an agreement in principle, according to CTV. While no plan is likely to win approval Monday, Sheridan believes that ministers will be able to agree on a statement in principle that the pension plan must be enhanced, with the details to be hammered out later, possibly as soon as next summer and OTTAWA -- Advocates for enhancing the Canada Pension Plan say they are approaching the consensus required to press ahead with reform that would see both premiums and benefits rise in the future. Pressure has been growing since Prince Edward Island's Wes Sheridan released his modest proposal in early October to nearly double contributions over three years, resulting in a near-doubling of maximum annual benefits to $23,400 from the current $12,150. (www.immigrantscanada.com). As reported in the news.