The federal government introduced legislation that would move the next scheduled election from Oct. 20 to Oct. 27, 2025.
This would mean 80 additional MPs would be eligible to collect a pension. Those additional pensions could total up to $120 million.
That is the estimated lifetime pension if all 80 MPs lose their seats. The annual starting pension ranges from $32,000 to $49,000.
The New Democrats announced today they want to “amend the Liberal government’s electoral reform legislation to scrap the proposal to push back the vote by a week and consequently secure pensions for dozens of MPs,” according to a report from CTV News.
“I just want to make very clear that right now is not the time for members of Parliament to be thinking about their own financial gain," said Lisa Marie Barron, the NDP’s democratic institutions critic.
Conservative Party Leader Pierre Poilievre said he “will vote against” pushing back the election.
“Both the Conservatives and the NDP are on record opposing the plan to push back the election to secure millions in extra pensions for politicians,” Terrazzano said. “Now it’s time for all MPs to do the right thing. If politicians don’t want to look shady, then they shouldn’t do shady stuff like this.”
For more information or to schedule interviews, please contact:
Franco Terrazzano
CTF Federal Director
Phone: 403.918.3532
Email: fterrazzano@taxpayer.com
