All MPs must oppose rescheduling federal election to secure pensions

Author: Franco Terrazzano 2024/05/30

OTTAWA, ON: The Canadian Taxpayers Federation is calling on all members of Parliament to oppose rescheduling the next election to secure pensions for 80 extra federal politicians. 

Today the New Democrats announced they would oppose the government’s amendment to delay the next election. 

“All MPs must vote against pushing back the federal election and the NDP deserves credit for announcing plans to amend the legislation and scrap the delay,” said Franco Terrazzano, CTF Federal Director. “Canadians are struggling, so there’s no way MPs should rig the system so more politicians can collect lucrative, taxpayer-funded pensions.” 

The federal government introduced legislation that would move the next scheduled election from Oct. 20 to Oct. 27, 2025. 

This would mean 80 additional MPs would be eligible to collect a pension. Those additional pensions could total up to $120 million

That is the estimated lifetime pension if all 80 MPs lose their seats. The annual starting pension ranges from $32,000 to $49,000.

The New Democrats announced today they want to “amend the Liberal government’s electoral reform legislation to scrap the proposal to push back the vote by a week and consequently secure pensions for dozens of MPs,” according to a report from CTV News

“I just want to make very clear that right now is not the time for members of Parliament to be thinking about their own financial gain," said Lisa Marie Barron, the NDP’s democratic institutions critic. 

Conservative Party Leader Pierre Poilievre said he “will vote against” pushing back the election. 

“Both the Conservatives and the NDP are on record opposing the plan to push back the election to secure millions in extra pensions for politicians,” Terrazzano said. “Now it’s time for all MPs to do the right thing. If politicians don’t want to look shady, then they shouldn’t do shady stuff like this.”

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Franco Terrazzano
Federal Director at
Canadian Taxpayers

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