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The federal government and its provincial counterparts moved to enhance the Canada Pension Plan to provide working Canadians with more income in retirement. [14] These changes were principally motivated by the declining share of the workforce that was covered by an employer defined-benefit pension plan, which had fallen from 48% of men in 1971 ...
Canada Assistance Plan (CAP) a cost-sharing program to fund social services and social assistance. The Equalization program which was renewed unchanged for five years prior to the 1995 budget. The budget announced that the first two programs are to be combined into a single block transfer called the Canada Health and Social Transfer (CHST) [ b ...
In all provinces and territories except Quebec, these plans are administered by Employment and Social Development Canada, while QPP is administered separately by the Quebec government. The Canada Pension Plan Investment Board (CPPIB) is a Canadian Crown corporation established by way of the 1997 Canada Pension Plan Investment Board Act to ...
Canada withdraws from the War in Afghanistan at the end of the first phase. [133] [134] [143] 2018: 17 October The Cannabis Act becomes law, making recreational cannabis use legal throughout the country. Canada is the second country (after Uruguay in 2013) to legalize recreational cannabis use nationwide. [144] 2020: 7 January - March
By 1886, 38 banks had been chartered. The pace of this financial activity was marked by the newly formed Government of Canada with the passing of the Bank Act in 1871. Insurance companies, including, Sun Life, 1865, Mutual Life, 1870, Confederation Life, 1871 and London Life, 1874, were also founded during these years.
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R. B. Bennett's government passed the Employment and Social Insurance Act in 1935, to establish a national unemployment scheme. The national unemployment scheme was modeled on the British approach at the time, which included flat-rate financial benefits for the unemployed based on worker, employer, and state contributions. [5]
the first three pints of blood benefit. Part A hospice care coinsurance or copayment. ... Plan G premium range. $148 to $1,189. $117 to $735. $117 to $943. Plan G annual deductible. $0 to $240.