Province wants more time to explain the deal to residents and stakeholders, such as business owners.
CLH has 40 storage facilities and 4,000 kilometres of pipelines in Spain.
Chamber of Commerce warns the pension plan will cause almost half its members reduce their payroll or hire fewer workers.
Ontario finance minister calls the federal government’s position on the plan “extremely disappointing.”
Conservatives content such a scheme would threaten to undermine the independence of the public pension plan.
Mandatory 1.9% contributions from employers and workers will be phased in over two years starting in 2017.
Province will phase in 1.9% mandatory contributions starting in 2017.
Transit and infrastructure, a $2.5-billion jobs fund and a provincial pension plan will stand out as priorities.
The Ontario Liberals say its time to take action since the federal Conservatives refuse to enhance CPP.
Higher payroll deductions for a new Ontario Pension Plan could be offset by reductions in EI premiums, former PM says.
Since 2000, provincial governments have bailed out some public-sector pension plans and increased pension contribution rates.
Sixty-five per cent of the Canadian workforce has no pension plan besides CPP.
Old-age security eligibility raises to 67, throwing a wrench in the retirement plants of many Canadians.
Will instead pay salaried workers annual bonuses