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Waterloo Chronicle (Waterloo, On1868), 25 Feb 2015, p. 16

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to ' A i I 1 lm it it “HON“ I} ‘thiiesday, letiruan it Juli (an ,, , ”fi‘m , , ”WM 1 i:i|si\i ss 7 Nobody ever plans to make the taxman ~~~ - W4 a beneficiary of their will. Intense pension debate continues ’ I ‘lie dominant ctirreni has also asked the province cost of business, we must it .i it i . l , ‘ lH % Mite ”we”, (W A a)“ provincial issue for to consider the cumulative tonsider the possibility of . _: ‘ , ‘ ' " ‘ l' ,, l” ‘ ' H ' ‘ l ” " L ‘ “ Ontario husiness |s the pro impact ofthe pension plan investtnent not coming to " “ ‘ l. O ‘ ‘ f ' ' ' ‘ - K post-(l Ontario Retirement on theOntanoeconomictliâ€" Ontario. " ‘ ' ‘ ‘ ‘ Bl EEC FinanCial Consultant Pension Plait mate Over the past few In the context of a large Call me to find out how The Plan by investors Group“ russell mceachme@lnvestorsgr0up com My column on I)et It. o! years, the cost of doing busiâ€" provincial deficit and debt can help you provtde for the people you care about A519} 886-2360 ext 2“ last year tllst’usSt‘d Hill Shy ness has been escalating priâ€" Willi limited funding avail now and over time ' the legislation tabled by manly due to high electricity able for essential sl‘rHl’t‘s i www russmceacrinie com new | ”my“ p Minister [liltt'si rising Workplace Safeâ€" such as health care and editâ€" RUSSLW-Eakml'e I\l|t/i Hunter Opposition tv and insurance Hoard rates tation, the provintial govâ€" ‘ Q CFP “OCAâ€" CDFA ‘ ___o,,,, fl, e; v-___Q from business has been and an uncompetitive regtiâ€" eriiinent should twtonsitlerâ€" l M EACHNI! Guoup growing pnnhinl) in Marion I.iiory burden mg the allocation of st arce Find the Latest FlflaDClal Updates and l to the potential cost of a pen With btisinesses unable to resources to a pension iâ€" " like Us on lflCEbOOK at sion plan and its impact on absorb the additional costs bureaucracy At a ”Ulllnllllili t provincial competitneness of pension contributions. the a comprehensive econornit v, mceachtegroup The Plan iii a relativelv volatile ptistâ€" provincial government must analysis is required before momma Willi Russell McEacnnie by. Investors rt‘t‘t‘\\l(m business climate consider the impact on proceeding further . last week the Ontario employment levels and With many eflet tive n t Gmu : « _ - O Lnkettm p Lhamher of (omnierce for wages Also, what Will be the workplace retirement savâ€" " ‘ “ " “ "‘""°"°'°“°"““°“‘ s‘"‘°""“ wanted a submissmn to the impact on foreign direct ittgs plans available to Ministry of l-"inance that was investment and job creation? Ontario residents provtded covsigned by it) (fhamhers lhe O( (‘ stirvey of the by world class organi/ations - and Boards of’lr‘ade across inemhership indicated that such as Manulife atid Sun the province, including 44 percent of respondents lJlt'. the ORPP may he detri www.wa er 0°C ron Ic elca Greater Kitchener Waterloo Wlll reduce their current pay mental to employers and A recent survey of Chamber roll or hire fewer employees employees who have been members across Ontario in the future if the plan is contributing to strong pri showed that only onevqtiar implemented. vale seetorplans. ' ter believe they can afford A provincial standalone [his isa major issue for all ‘ the costs associated With mandatory pension plan Will Ontarians. [he margin for I \ increased employer pension add complexny to the regtilaâ€" error, in a tight fiscal t'IHI ‘; ,_ contributions I he ma|or tory ennronment forOntano ronment. is very small '~-f..:~ i _ f ' u; . concern is theovem’helnnng businesses, particularly ... u A _, i minority. or 75 percent. who organimuons that operate in Jun .\’('[t'(l” L‘- president um! ‘ . ‘ ‘ ' _ cannot afford the new plan. multiple provtnces and (H) ,,j,;1¢,(;,(il,,,,, K it JQ “amfi ‘ 7 ‘ , The business community countries, With the added Chamberojtbmmert'e. . x . pa â€" 1; , ~. . "" i . f, ‘ i , ‘ - l > . n ' . l . V _ . y , m. ' ‘l v k‘ i i.‘ I ‘ ‘ ‘ ' I ‘ ' »- y l ' I ‘ i l i it it "l ‘ i libro is you ’ i‘ ' ‘ " ' a" . "l tr 1' ' g" r s i , 0 . ' W l i ‘ .,»"‘ - " i. i'l ~.- 'I i ' i v , ' i , i ' 1 ‘ i ‘ l . i Make this the year you (all t ibro for a real second opinion ’ ~‘ 2.4th GICS' . ‘7 libro t a L b ( “(THY liNlUN l \ l ' l“

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