Canada Pension Plan: Finance Minister Jim Flaherty

Finance Minister Jim Flaherty: OTTAWA - Finance Minister Jim Flaherty is suggesting he may present his own targeted proposal on pension reform at Monday's meeting with provincial colleagues, saying he is still concerned about raising taxes in difficult economic times. , according to Winnipeg Free Press. "You don't need a bazooka to go after a specific issue, you want to be more targeted, more precise," he told reporters Sunday night on his way to dinner with his provincial counterparts. Federal Finance Minister Jim Flaherty delivers an update of economic and fiscal projections in Edmonton on November 12, 2013. Canada's finance ministers begin two days of meetings today, and pension issues are expected to dominate the discussions. Some provincial ministers have been pressing federal Finance Minister Jim Flaherty to take steps to boost the Canada Pension Plan to ensure seniors have adequate income. THE CANADIAN PRESS/Jason Franson The minister told reporters that some proposals calling for increases in contributions rates to the Canada Pension Plan to pay for enriched benefits can potentially damage the economy and may be too broad. (www.immigrantscanada.com). As reported in the news.