With talks to expand the Canada Pension Plan having stalled, the Ontario government has pledged to roll out its own provincial version.
canada pension plan
Avril 3, 2014
2:00AM
Imagine receiving a credit card bill that totaled $243,476. This would no doubt be a shock for most Canadians. But if you add up all the liabilities of every Canadian government "federal, provincial, and local" that is in fact how much each taxpayer would owe of the $4.1 trillion total in direct debt and unfunded liabilities.
This admittedly is a very large number and much bigger than what is usually talked about by both politicians and pundits alike. So let's deconstruct it to gain a better understanding.
Décembre 11, 2013
2:00AM
The upcoming meeting of federal and provincial finance ministers will touch on whats become a politically charged debate about expanding the Canada Pension Plan (CPP). Proponents have tried to convince Canadians they are not saving sufficiently for retirement with some even suggesting we are on the brink of a retirement crisis. These views simply do not reconcile with the available empirical evidence. Thankfully, theres no retirement crisis in Canada.
Octobre 31, 2013
3:00AM
Some provincial politicians are again trying to make the dubious case that we have a "retirement income crisis" to revive calls for a mandatory expansion to the Canada Pension Plan (CPP). While the issue is set to be on the agend
Juin 26, 2013
2:00AM
The idea of expanding the Canada Pension Plan (CPP) resurfaced in December 2012 during a meeting of the federal and provincial finance ministers. The ministers agreed to explore possible reforms to the CPP at their next meeting expected sometime in the coming months.
Décembre 14, 2012
2:00AM
When Canadas premiers met recently in Halifax, talks of a possible pipeline to move oil from Alberta to eastern Canada dominated national headlines. There was also mention of talks about trade, immigration, skills training, and infrastructure. One issue that didnt receive nearly as much attention is the management of public finances and growing government debt.
Mai 26, 2011
2:00AM
The recent Canadian federal election campaign saw a number of arguments raised both for and against expanding the Canada Pension Plan (CPP). This debate is an important one for Canadians, since it affects their disposable income both during their working lives and in retirement.