retirement income

Expanding the CPP—unnecessary and counterproductive

The evidence does not support claims of a widespread retirement savings problem in Canada.

Federal government fails to make convincing case for CPP expansion

CPP expansion will mean several thousands of dollars more in annual contributions from working Canadians.

CPP expansion will do little to boost rate of return, particularly for younger Canadians

Canadians born in 1971 or after can now expect to receive a meagre rate of return from their CPP contributions of between 2.3 per cent and 2.5 per cent (depending on their specific year of birth).

Pension expert fuels misunderstanding about the benefits of CPP expansion

A narrow focus on pension assets overlooks non-pension assets such as stocks, bonds, real estate and other investments.

Where’s the transparency? Plan to expand the CPP shrouded in uncertainty

On Monday, Canada’s finance ministers announced an “agreement in principle” to expand the Canada Pension Plan (CPP), which will force Canadians to contribute more to the program.
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