Finance committee  The answer is yes, as simply as that, because what you're also talking about is the need for employers—not only employees but employers—who would like to provide something that enables them to compete with other companies. There are many employers who would like to offer somethin

Finance committee  Thank you for your question. The fact is that the Canada Pension Plan already exists, and the government is trying to offer a new type of plan which would not be administered by the CPP. From our perspective, it is very clear that certain costs in a pension plan are lower when t

Finance committee  Moreover, we will be able to reduce costs if we manage to bring in a Canada-wide harmonization. This will allow financial institutions to offer products that will be easily accessible.

Finance committee  The answer is yes, but there is already a simplified plan in Quebec. I am thinking of federally regulated organizations. However, this is true for all of Canada. It could be beneficial for Quebec if we reach the necessary critical mass. That is why when we staked out our positio

Finance committee  Third, we also appreciate the fact that the employer does not have a fiduciary responsibility with respect to this new type of plan. This new plan should be attractive to employers, employees and the financial institutions that will offer it. So the framework would have to be sim

Finance committee  Thank you, Mr. Chair. The Quebec Employers' Council is comprised of several large Quebec companies and also includes the vast majority of sectoral employer associations. It is the only employers' confederation in Quebec. The mission of the Quebec Employers' Council is to ensure