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If governments force Canadians to save more for retirement, voluntary private savings will shrink
Appeared in the Financial Post In recent years, there’s been a strong push to expand the Canada Pension Plan, and Ontario intends to launch an additional mandatory pension plan in January 2017. Yet the debate about expanding mandatory government-run ...
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Compulsory Government Pensions vs. Private Savings: The Effect of Previous Expansion to the Canada Pension Plan
In recent years, there has been a strong push to expand the Canada Pension Plan (CPP). Ontario has already set out a plan to create an additional mandatory provincial program mirroring the CPP called the Ontario Retirement Pension Plan (ORPP), which is ...