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Rates of return for expanded CPP remain meagre
Last month, Canada’s finance ministers announced an “agreement in principle” to expand the Canada Pension Plan (CPP), which will require workers to pay more into the program starting in 2019 in exchange for higher CPP retirement benefits ...
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Rates of return for expanded CPP remain meagre
Last month, Canada’s finance ministers announced an “agreement in principle” to expand the Canada Pension Plan (CPP), which will require workers to pay more into the program starting in 2019 in exchange for higher CPP retirement benefits in the future. As ...
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Interprovincial Migration in Canada: Quebeckers Vote with Their Feet
The movement of people from one place to another, migration, can be a powerful indicator of a jurisdiction’s success or failure. One of the reasons migration is such a powerful indicator is the high cost involved for people who move from one jurisdiction ...
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The Sustainability of Health Care Spending in Canada
Health care is the single largest budget item for every province in Canada, ranging from 34.5 percent of total program spending in Quebec to 44.6 percent in Nova Scotia in 2015. Any changes in the amount spent on health care can have a significant impact ...
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CPP benefits vary widely depending on when you were born
Appeared in the Toronto Sun, May 13, 2016 For working Canadians, contributions to the Canada Pension Plan (CPP) are a regular bill observed on their paycheques. Those contributions, however, secure a future benefit when they retire. The value of that ...
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Understanding CPP benefits and the dramatic decline in rates of return
Appeared in the Globe and Mail, May 7, 2016 The proposed expansion of the Canada Pension Plan (CPP) is expected to be front and centre at the upcoming meeting of the provincial finance ministers in June. Unfortunately, many of the arguments for expanding ...
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CPP Returns and generational inequity
The Institute recently released a study that calculated rates of return (nominal and real) received by Canadian retirees from the Canada Pension Plan (CPP). One of the main reasons for the study was to clarify the difference between ...
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Rates of Return for the Canada Pension Plan
There is confusion regarding the rates of return earned by the Canada Pension Plan Investment Board (CPPIB), which manages the investable funds of the Canada Pension Plan (CPP) with the returns received by individual Canadian workers in the form of CPP ...
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Responding to critics of 'retirement income' and 'CPP' studies
Since 2013, the Fraser Institute has published a number of studies examining aspects of the state of retirement income in Canada, including reforms to the Old Age Security, the true state of retirement income adequacy, the total costs ...
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Comparing Recent Economic Performance in Canada and the United States: A Provincial and State-Level Analysis
Conventional wisdom holds that Canada weathered the global financial crisis and recession better than most industrialized countries, particularly the United States. It is certainly true that overall, Canada has performed better economically than the ...