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Human Resources committee Thank you very much. It's a pleasure to be here to share CFIB's perspective on poverty reduction strategies. You should have a slide presentation in front of you that I'm going to walk you through in the next few minutes. As many members know, CFIB is a not-for-profit, non-part
November 22nd, 2016Committee meeting
Monique Moreau
Finance committee I hear you. I have to say that's the first time we have received feedback on the business barometer that's.... I will speak with our chief economist, because as I mentioned, it has been a very respected tool. The Governor of the Bank of Canada, who we are meeting with next Monday
November 15th, 2016Committee meeting
Monique Moreau
Finance committee All right.
November 15th, 2016Committee meeting
Monique Moreau
Finance committee Or if it was what, sorry?
November 15th, 2016Committee meeting
Monique Moreau
Finance committee No, we did not ask that question.
November 15th, 2016Committee meeting
Monique Moreau
Finance committee Yes, that I have. I can tell you that the vast majority of that research was when the PRPPs were being introduced several years ago. A third of our members said that once they were rolled out they would be interested in providing a PRPP to their businesses. We know that—
November 15th, 2016Committee meeting
Monique Moreau
Finance committee The PRPPs aren't in force across the country yet. The only ones that are in place are in Quebec, and the uptake there is mandated for five or more. I'm not sure if that would answer your question. I believe that for the four other provinces, it's a technical federal issue that's
November 15th, 2016Committee meeting
Monique Moreau
Finance committee Thank you, Mr. Chair. Briefly, this may be misinformation, but my understanding is that things are being held up federally on a technical issue for those four provinces that do have the legislation in place. A difference is that PRPPs are meant to be really low cost, unlike RRS
November 15th, 2016Committee meeting
Monique Moreau
Finance committee Correct. In the vast majority of these, in the data I have before you, we contracted out Ipsos Reid to do a poll, so the numbers are smaller than you would normally see in the response rates for our own surveys.
November 15th, 2016Committee meeting
Monique Moreau
Finance committee If I can intervene, that's because the poll is monthly, and we don't poll our entire membership every month. We try to poll only 10,000 per month so that they are not getting—
November 15th, 2016Committee meeting
Monique Moreau
Finance committee I'll only say that this piece of research is the only research that gets at the non-stock-market economy. It's used by the Bank of Canada. It's used by Bloomberg. It's a very well-respected piece of research that our organization has developed over the last 15 years.
November 15th, 2016Committee meeting
Monique Moreau
Finance committee Correct. They're against the expansion. They support CPP.
November 15th, 2016Committee meeting
Monique Moreau
Finance committee Yes, that's how we get our mandate on all issues.
November 15th, 2016Committee meeting
Monique Moreau
Finance committee We agree.
November 15th, 2016Committee meeting
Monique Moreau
Finance committee It's 75 years.
November 15th, 2016Committee meeting
Monique Moreau