Proponents of an expanded CPP ignore the ample resources already available to Canadians when they retire.
canada pension plan
When federal Finance Minister Bill Morneau meets with his provincial and territorial counterparts next week, expanding the Canada Pension Plan will be on the agenda.
Earlier this month, Bill Morneau, the former chair of the C.D. Howe Institute, was appointed Canada’s minister of finance.
In an attempt to increase transparency, Prime Minister Justin Trudeau has made “mandate letters” to his ministers publicly available. These letters are intended to clarify the focus of each minister’s portfolio.
A series of blog posts will highlight key policy areas where Finance Minister Bill Morneau’s think-tank experience can be especially useful. In this post, we examine the policy choices surrounding retirement savings.
Compulsory Government Pensions vs. Private Savings: The Effect of Previous Expansion to the Canada Pension Plan
The Ontario Liberals recently introduced legislation to create a mandatory government pension plan modelled after the Canada Pension Plan.
The Ontario government's proposal to supplement the Canada Pension Plan with its own compulsory pension plan is based on a series of faulty assumptions.