Saturday, October 25th8.7°C
23888
22916

New associate minister to help set up Ontario pension among Wynne cabinet moves

TORONTO - Premier Kathleen Wynne will be giving her finance minister an extra hand to work on one of the governing Liberals' most important files: creating a made-in-Ontario pension plan, The Canadian Press has learned.

Newcomer Mitzie Hunter will be named associate minister of finance responsible for the proposed Ontario Retirement Pension Plan when Wynne unveils her new cabinet Tuesday, a new position that will help the Liberals roll it out by 2017, a source said.

Hunter, who was first elected last August, will be working closely with the government-appointed advisory panel to set up the plan, which includes former prime minister Paul Martin and Michael Nobrega, former CEO of OMERS.

She previously served as parliamentary assistant to the minister of community and social services and introduced a private member's bill in the last legislative session that would allow ranked ballots in Toronto municipal elections, beginning in 2018.

Hunter served as CEO of the Greater Toronto CivicAction Alliance before entering provincial politics.

Her job is among the new kinds of positions that will be created within the 27-member cabinet. But Wynne has said that newly-elected Liberals — who have yet to be sworn in as MPPs — won't be among them.

Charles Sousa is staying on as finance minister and Liz Sandals is expected to remain in her role as education minister, the source said.

But the massive health portfolio will change hands. Eric Hoskins will take over as health minister while veteran Deb Matthews, who also serves as deputy premier, will switch to treasury board. Matthews has been health minister since 2009.

Wynne will lighten her own load by shedding her role as minister of agriculture and food, but will keep her job as minister of intergovernmental affairs.

The newly elected premier is still chairwoman of the Council of the Federation until August and is pressing the federal Conservatives to provide more financial support to Ontario.

A recent report by the parliamentary budget officer shows Ottawa is shortchanging the province $1.2 billion under the current system of equalization payments — a longstanding complaint of Ontario premiers.

Wynne also wants federal funds to help develop the Ring of Fire mineral deposit and build transit infrastructure.

She's castigated Prime Minister Stephen Harper for not expanding the Canada Pension Plan, which spurred efforts to create a provincial plan.

Even before the June 12 election was called, Wynne complained that Harper's antipathy towards pension reform was "offensive and inexplicable," repeating it often during the campaign.

It infuriated Treasury Board president Tony Clement, who called the Ontario pension plan a "huge tax grab" and publicly announced he wanted Wynne to be drummed out of office by voters.

Instead, they gave her Liberals a majority of seats in the legislature, ensuring that the May 1 budget that included the pension proposal will pass.

Wynne plans to re-open the legislature July 2 with a speech from the throne and re-introduce the budget which triggered the snap election shortly thereafter.

The $130.4-billion spending blueprint aims to stimulate the economy with big spending, including $29 billion for public transit, roads and bridges over a decade, $2.5 billion in corporate grants to lure businesses to Ontario and better wages for workers in health care and education.

The Canadian Press


Read more Business News

22970


Recent Trending




Today's Market
S&P TSX14543.82+56.99
S&P CDNX805.45-3.15
DJIA16805.41127.51
Nasdaq4483.715+30.923
S&P 5001964.58+13.76
CDN Dollar0.8901-0.0003
Gold1231.20+2.10
Oil81.02-0.73
Lumber336.40+6.80
Natural Gas3.631+0.009

 
Okanagan Companies
Pacific Safety0.105-0.005
Knighthawk0.01-0.005
QHR Technologies Inc1.15-0.02
Cantex0.07+0.015
Anavex Life Sciences0.194-0.004
Metalex Ventures0.045+0.005
Russel Metals33.39+0.23
Copper Mountain Mining2.03-0.05
Colorado Resources0.145+0.005
ReliaBrand Inc0.012-0.001
Sunrise Resources Ltd0.05-0.01
Mission Ready Services0.445+0.035

 



23891

FEATURED Property
1805553524 - 3880 Truswell Road, Kelowna, BC
3 bedrooms 4 baths
$899,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


What I learned in China

Photo: ContributedI will never be an expert on China. It is just too big, too complex and too old with layers of history and meaning that would take several lifetimes to unravel. As I said to my hosts...


We can get on together

I was in LA this week. I witnessed such crazy and unusual circumstances as I strolled along Hollywood Blvd and Sunset Blvd. A far cry from sleepy Peachland in the Okanagan! The strange thing was, I f...


Weakening global growth worries

The Big Picture Growth worries persist Worries about weakening global growth and its potential impact on the US economic recovery roiled markets around the globe this week. Europe continues to be the ...

_








Member of BC Press Council


22707