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Public Sector Pension Plan has $4.4-billion deficit, feds contributing extra half-billion a year to fix it

By Jessica Bruno      

The government expects it will take as long as 13 years of $435-million annual payments to get the deficit off its books. The first payment was made this March, and payments are scheduled to continue until 2026.

This spring the government made its first extra half-billion dollar payment into public servants’ pension fund to start to pay off a $4.4-billion deficit caused by the financial crisis and pressure as retirees are living longer.

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Ottawa should declare northern flights essential as ‘decimated’ service puts Inuit at risk of losing ‘only link’ to key services, says ITK

The government said it is committed to ‘maintaining a focused, safe and reliable air transport network for these communities.’

Wage subsidies ‘critical,’ a ‘lifeline’ for businesses to survive pandemic, says Chamber of Commerce president

News|By Mike Lapointe
'This subsidy will make a real difference in your lives and help everyone affected bridge to better times,' said Prime Minister Justin Trudeau on Friday, March 27.

Food supply, emergency vehicle repair: keeping Canada-U.S. trade open key to fight against COVID-19, say stakeholders

The 'biggest point of concern right now' is 'making sure that we keep those shipments of fresh vegetables and other commodities rolling in by truck across the border, truck or train,' says John Manley.

Refusing to commit to firm timeline, Trudeau says it’s ‘realistic’ measures will last until July

The government is working to recall Parliament to consider passing what the prime minister has cast as the 'biggest economic measures' in Canada’s history.

Introduction of electronic, remote voting not called for yet, but should be re-examined by House committee, say some MPs

Conservative MP Stephanie Kusie says she doesn’t think such a reconsideration is warranted yet, but could be if COVID-19 keeps Parliament away into the fall.

Lobbyists clamour to get voices heard on COVID-19

The number of lobbying files connected to COVID-19 has exploded in the last week, with 90 registrations for 55 organizations outlining plans to push federal officials on issues ranging from policy to funding.

Feds to spend $2-billion to scale up production of medical supplies, equipment, as it braces for anticipated surge in COVID-19 cases

'We need a sustainable and stable supply of these products, and that means making them at home, and we’re optimistic that they will be available in the coming weeks,' says Prime Minister Trudeau.

Canadian authorities in talks about COVID-19 tracking apps

In Canada, separate projects are underway that would combine phone location data with positive COVID-19 diagnoses to notify individuals about potential exposure in what their creators say are privacy-friendly ways.

Budget 2020, election promises in question amid COVID-19 global pandemic crisis, say McKay, Delacourt

‘It is going to blow a hole in the government’s legislative agenda,’ says Liberal MP John McKay.
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