pension system

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The Institute for Research on Public Policy is the latest organization to publish a study with a proposal to fix Canada’s pension system. However, it’s a proposal akin to using a battering ram to swat a fly.

Like many of the other proposals floated by a variety of groups, the IRPP study suggests expanding mandatory savings by expanding the Canada Pension Plan (CPP). Similar to all the other proposals, this latest one is overkill for a policy issue that has seriously been overblown, and comes with a number of adverse consequences.