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  1. Accounting for the True Cost of the Canada Pension Plan

    The Canada Pension Plan Investment Board reported its operating expenses as $490 million in fiscal 2012–13, or 0.28% of its assets, up from 0.11% six years earlier, touting this as a measure of its efficiency and low costs. However, this definition of ...

  2. Once all the costs are counted, the Canada Pension Plan isn't a model of efficiency

    Appeared in the Financial Post In the recent debate over an expanded Canada Pension Plan (CPP), its low cost was offered as one of the main benefits for larger government-managed pensions. The Ontario government, introducing its own version of the CPP, ...