No consensus on future of CPP

Finance Minister Jim Flaherty prepares to testify before the Senate finance committee on Parliament...

Finance Minister Jim Flaherty prepares to testify before the Senate finance committee on Parliament Hill in Ottawa November 25, 2013. REUTERS/Chris Wattie

Daniel Proussalidis, Parliamentary Bureau

, Last Updated: 7:02 PM ET

OTTAWA - The feds have dealt a blow to some provinces' efforts to expand the Canada Pension Plan (CPP).

"There's no point ... in using a bazooka and blowing money all over the place," Finance Minister Jim Flaherty said after meeting Monday with provincial and territorial counterparts in Meech Lake, Que., just north of Ottawa.

By most provincial politicians' accounts, Flaherty denied consensus to the meeting.

 


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