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Clarifying assumptions in the debate about CPP expansion
On July 13, the Financial Post published a column by noted pension expert Keith Ambachtsheer in which he offered up his latest response in our ongoing exchange about common myths regarding expansion of the Canada Pension Plan (CPP). One ...
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Pension expert fuels misunderstanding about the benefits of CPP expansion
Appeared in the Financial Post, July 13, 2016 The “agreement in principle” to expand the Canada Pension Plan (CPP) is a major change to one of the key pillars of Canada’s retirement income system. While we encourage an informed debate about the costs and ...
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What middle class tax cut?
Appeared in the Toronto Sun, July 10, 2016 On the campaign trail, the Liberals promised to cut taxes for middle-class Canadians to ensure that “middle-class Canadians have money in their pockets to save, invest and grow the economy.” Once elected, the ...
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So much for lower taxes on Canada’s middle class
In the lead up to the federal election, the Liberals campaigned on cutting taxes for Canada’s middle class. Once elected, the Liberals did reduce the income tax rate on the second-lowest federal tax bracket from 22 to 20.5 per cent. ...
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Pension expert fuels misunderstanding about benefits of CPP expansion
The “agreement in principle” to expand the Canada Pension Plan (CPP) represents a major change to one of the key pillars of our country’s retirement income system. While we encourage an informed debate about the costs and benefits of the ...
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Canadian Student Review: Summer 2016
In this issue: Our Interest Fantasy by Brennan Sorge An argument for why today’s low interest rates could present long-term problems for Canadians. The Quote Wall Thomas Sowell Sowell on scarcity. FRASER FORUM BLOG POST How to make Vancouver more ...
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Expanding the CPP will increase forced contributions, unlikely to boost retirement savings
Appeared in the Toronto Sun, June 28, 2016 Speaking to reporters on the newly minted “agreement in principle” to expand the Canada Pension Plan, federal Finance Minister Bill Morneau said “we are going to improve the retirement security of Canadians.” The ...
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Where’s the transparency? Plan to expand the CPP shrouded in uncertainty
The federal government has made a big deal about being committed to openness and transparency. In fact, it was in this spirit that the government actually devoted an entire chapter in its first budget to “open and transparent government” ...
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Expanding the CPP unlikely to increase overall retirement savings
Earlier this week, Canada’s finance ministers reached an “agreement in principle” on expanding the Canada Pension Plan (CPP), which starting in 2019, will require Canadian workers to contribute more to the CPP. In speaking at the joint ...
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Despite agreement among finance ministers, CPP expansion is unnecessary
Appeared in the Financial Post, June 21, 2016 This week in Vancouver, Canada’s finance ministers reached an agreement to expand the Canada Pension Plan (CPP)—a move that will eventually increase mandatory contributions (payroll taxes) on working Canadians ...