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ARTICLE · 09 FEBRUARY 2015

ORPP Consultation Period Deadline Ends Next Week

McCarthy Tétrault
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Bill 56 does not establish the ORPP but rather describes some of the main features that it is expected to have.

CanadaEmployment and HR

On December 8, 2014, Mitzie Hunter, the Ontario Associate Minister of Finance tasked with developing the Wynne government's promise of the Ontario Registered Pension Plan (ORPP), tabled Bill 56 for first reading.

Bill 56 does not establish the ORPP but rather describes some of the main features that it is expected to have. It is therefore tellingly entitled An Act to require the establishment of the Ontario Retirement Pension Plan.[1]

On December 17, the government issued a consultation paper entitled Ontario Retirement Pension Plan: Key Design Questions (Consultation Paper). Public consultation on the ORPP began earlier this year, and submissions must be received by the end of next week, February 13, 2015. The eventual enacting legislation, in fleshing out the ORPP, will take its cue in part from the results of this consultation.

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