Ottawa, March 4 2009
2009-023
The Department of Finance announced further details on the public consultations across Canada on the legislative and regulatory framework for federally regulated private pension plans, which are scheduled to begin March 13.
The Government released a discussion paper seeking views from Canadians on this issue on January 9. It followed up by announcing in Budget 2009: Canada's Economic Action Plan that the national consultations will be chaired by Ted Menzies, Parliamentary Secretary to the Minister of Finance.
The scheduled dates and locations are:
March 13–Ottawa
Venue: Old City Hall
Address: 111 Sussex Drive
Meeting room: Victoria Hall
Time: 9:00 a.m. –11:30 a.m.
March 17–Halifax
Venue: Prince George Hotel
Address: 1725 Market Street
Meeting room: Regency Room
Time: 9:00 a.m. –11:30 a.m.
March 18–Montréal
Venue: Queen Elizabeth Hotel
Address: 900 René Lévesque Blvd. West
Meeting room: Jolliet Room
Time: 9:00 a.m. –11:30 a.m.
March 20–Toronto
Venue: The Fairmont Royal York
Address: 100 Front Street West
Meeting room: Confederation 5/6
Time: 9:00 a.m. –11:30 a.m.
April 14–Vancouver
Venue: The Westin Bayshore
Address: 1601 Bayshore Drive
Meeting room: Cypress Room
Time: 9:00 a.m. –11:30 a.m.
April 15–Whitehorse
Venue: High Country Inn
Address: 4051 –4th Avenue
Meeting room: Ballroom A & B
Time: 9:00 a.m. –11:30 a.m.
April 16–Edmonton
Venue: The Fairmont Hotel Macdonald
Address: 10065 –100 Street
Meeting room: Jasper Room
Time: 9:00 a.m. –11:30 a.m.
April 17–Winnipeg
Venue: Winnipeg Convention Centre
Address: 375 York Avenue
Meeting room: Millennium Room
Time: 9:00 a.m. –11:30 a.m.
The federal government regulates private pension plans that are subject to the Pension Benefits Standards Act, 1985. These plans cover areas of employment under federal jurisdiction, including banking, telecommunications and interprovincial transportation. These plans currently represent 7 per cent of all private pension plans in Canada, accounting for approximately 12 per cent of pension assets.
Canadians who wish to attend these consultations or send submissions on the discussion paper are invited to submit an e-mail to this address: pensions@fin.gc.ca.
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For further information, media may contact:
Chisholm Pothier
Press Secretary
Office of the Minister of Finance
613-996-7861
Jack Aubry
Media Relations
Department of Finance
613-996-8080
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