Pensions and Retirement

The federal government and several provinces want to expand the Canada Pension Plan. If they do, working Canadians will be contributing more to the CPP. But the arguments favouring CPP expansion are based on some incorrect (or at least, debatable) claims. Here are the five common claims used to argue for CPP expansion—and why they are myths that must be refuted.

— Jul 14, 2016
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Rates of return for expanded CPP remain meagre

The provinces and the federal government have reached an agreement in principle on Canada Pension Plan expansion, with ratification of the agreement expected this week. But despite an expanded CPP, workers in Canada—particularly younger workers—will still receive a meagre rate of return from their CPP contributions.

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