canada pension plan

12:11PM
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Doug Ford’s next big federal tax challenge—opt out of CPP expansion

Clearly, lack of a workplace pension does not doom someone to financial insecurity in retirement.


9:30AM
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Private pensions face regulatory burden the Canada Pension Plan does not

Mandatory CPP contributions from working Canadians will increase steadily between January 2019 and 2025.


11:41AM
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CPP expansion will shrink available pool of investment capital in Canada

CPP expansion could result in a $114 billion reduction in domestic investment from 2019 to 2030.


12:25PM
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Canadians born after 1970 can expect a rate of return on their CPP contributions of between 2.3 per cent and 2.5 per cent.


1:05PM
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The program is designed so Canadians who die early in life subsidize those who live longer.


10:33AM
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The increased CPP tax alone translates into $1,624 more in taxes.


11:04AM
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For retirees born after 1993, the CPP rate of return will be a meagre 2.5 per cent.