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Finance committee There are definitely advantages, yes.
February 28th, 2012Committee meeting
Mitch Frazer
Finance committee Yes, those are things that would be.... I'm not sure of the entire framework. I understand the principle of it, but that would definitely be something that would cut through those barriers and could certainly work in addition to the PRPP. I don't see any reason why the two offeri
February 28th, 2012Committee meeting
Mitch Frazer
Finance committee Yes. The essence is coverage, low cost, accessibility. Those to me are all the same principles the government was trying to achieve when it introduced the PRPP legislation. So in terms of broad principles, it's something that definitely would achieve all those goals and something
February 28th, 2012Committee meeting
Mitch Frazer
Finance committee I think it's one element of the entire overall savings. There's a lot of discussion about whether CPP is better or PRPPs are better. We as an organization think that the key issue here is coverage: what gets more people into a plan? We think PRPP is a great step in terms of actua
February 28th, 2012Committee meeting
Mitch Frazer
Finance committee The issue with respect to the current situation is that there's not a system in there that encourages aboriginals in particular to save. So the issue here is whether this pooled retirement pension plan on its own will be enough to resolve that problem. That's something we're not
February 28th, 2012Committee meeting
Mitch Frazer
Finance committee With regard to your question in terms of what government can do, although capping fees is really the last in the list of alternatives, it still is there. Assuming the legislation passes and you've got PRPPs and the costs start to rise, that will obviously be a disincentive for pe
February 28th, 2012Committee meeting
Mitch Frazer
Finance committee Mr. Chair and honourable members, good afternoon. On behalf of the Canadian Bar Association, I would like to thank you for the invitation to appear before the committee today to discuss our submission on Bill C-25 and to answer any of your questions. We are grateful for your pa
February 28th, 2012Committee meeting
Mitch Frazer