The percentage of seniors living in low-income has consistently fallen over the past four decades.
The Ontario government claims the ORPP is necessary because we aren’t saving enough for retirement, but a number of recent studies show there is no retirement savings crisis in Canada.
Proponents of an expanded CPP ignore the ample resources already available to Canadians when they retire.
The Canadian retirement income system already provides Canadians with an adequate standard of living in retirement.
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.
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.
Prime Minister Trudeau's letter to Finance Minister Bill Morneau lists 27 priorities—we offer a quick reaction to 13 of these priorities.
As the Ontario government moves ahead with plans for a new mandatory provincial pension program in January 2017, early signs suggest the program will be largely modelled after the Canada Pension Plan. Ontarians, however, would benefit from a broader debate that looks beyond their borders.