Most Canadians are adequately prepared for retirement, making CPP expansion largely unnecessary.
Government Spending & Taxes
The returns of the CPP's investment arm in no way influence the CPP retirement benefits received by Canadian workers.
The rate of return under the current CPP system is 2.1 per cent for Canadians born after 1971.
Alberta's overall net financial assets deteriorated by $9.2 billion last year.
The Ryan plan could incentivize high-income Canadians to relocate to the United States.
Already, Montreal taxpayers see 13 per cent of their city’s operating budget go to fund pensions.
In 2014, savings in non-pension assets totalled $9.5 trillion, dwarfing the $3.3 trillion assets in the formal pension system.
Consumers will pay $9.2 billion more for renewables under the current plan than Ontario’s previous program.
Canada will increasingly be an outlier among developed countries.
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