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CFIB analysis points to similar impacts in Manitoba, PEI

Ontario’s proposed pension plan would limit job, wage growth


Toronto, – Ontario, Manitoba and PEI would add about half a percentage point to their unemployment rates if they carry through on plans for a mandatory provincial pension plan, with negligible benefits to show for it. According to the latest report from the Canadian Federation of Independent Business (CFIB), the plan would lead to 171,000 person-years of lost work and a permanent drop in wages.
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