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Pension System: Pension and Justin Trudeau

pension system: Our government is giving those who have lost a loved one some much needed breathing room as they grieve and adjust to a new life, Trudeau said Wednesday in Fredericton, according to National Observer. Don't miss out on the latest news Sign up for our daily briefing The Liberals also promised to increase old age security benefits by an extra 10 per cent once seniors reach age 75. Justin Trudeau announced that a re-elected Liberal government would work with the provinces and territories to increase the benefit paid to surviving spouses through the Canada Pension Plan and the Quebec Pension Plan by 25 per cent. The 2015 federal election also saw the Liberals run on a promise to upgrade the public pension system. The promise Trudeau is making in this campaign comes in a very different context, when Conservative premiers such as Doug Ford in Ontario and Jason Kenney in Alberta, among others, have been opposing the federal carbon tax and otherwise showing they are not willing to give the Liberals an easy ride. After coming to power, they were able to work out a deal with the provinces excluding Quebec, which has its own pension plan that would see contributions increase gradually beginning this year and, eventually, boost benefits for retirees on the other end. ; Those negotiations had some bumps along the way, including when B.C. did not ratify the deal as quickly as expected, but they went smoothly enough that Ontario ended up abandoning an effort to create its own separate public pension plan. ( As reported in the news.