National Summit on Pension Reform
When: Tuesday, February 19, 2013 - Wednesday, February 20, 2013
Where: Fredericton, New Brunswick
Final report (published August 9, 2013)
Third-party news releases:
Read local and national media coverage of the Summit here.
The New Brunswick Model and Directions for Canada
Pensions in Canada are at a crossroads. The 2008-09 recession caused investment income to plummet, exposing the sharply rising costs associated with Canadians living longer into their retirement. Demographic shifts will only increase these pressures. If we are to have sustainable, equitable pensions without placing unbearable strain on public or corporate finances, we must start exploring creative solutions.
New Brunswick recently completed a successful overhaul of its public-sector pension system. This renewal, undertaken through an extensive engagement process with stakeholders such as unions and employers, has sparked discussion throughout Canada about how we might reform our other major pension systems.
In February 2013, Canada's Public Policy Forum and the Government of New Brunswick convened a pan-Canadian summit to explore pension reform issues in Canada, including the recent New Brunswick reforms. The summit sought identify the leadership actions we need from government, labour, and the private sector in order to meet Canada’s pension challenges.
The Summit focused on these urgent questions:
- How are pensions being made more sustainable in Canada?
- What must we do to protect pensions, without damaging public or corporate finances?
- How do we ensure inter-generational equity in an era of shifting demographics?
- How can we best address a private sector savings gap?
- What can be learned from the New Brunswick reform experience?
- Can this model be emulated elsewhere?
For more information about the project, contact:
Executive Vice President
Public Policy Forum
613-238-7858 Ext. 228
Thank you to our lead partner:
Thank you to our sponsors: