On October 6, 2016 the government introduced Bill C-26, which
sets out amendments to enhance the Canada Pension Plan. This
follows the recent announcement by British Columbia that they would
support the enhancement, along with the other provinces (other than
Quebec, which will continue to operate its own plan, the Quebec
Pension Plan). Under the CPP Act, fundamental changes, such
as changes to benefits, must have the support of 2/3 of the
provinces representing 2/3 of the population. With B.C.
coming on board, there was sufficient support under the Canada
Pension Plan Act to proceed with changes to the CPP.
The proposed CPP enhancements are an important undertaking by
the federal and provincial governments. While there were
significant reforms to the CPP contribution levels in the 1990s to
put the CPP on a stronger financial footing and there have been
some minor modifications to the methodology in calculating the CPP
benefits, this is the first major reform to
