Earlier this month, Bill Morneau, the former chair of the C.D. Howe Institute, was appointed Canada’s minister of finance.
As the Ontario government moves ahead with plans for a new mandatory provincial pension program in January 2017, early signs suggest the program will be largely modelled after the Canada Pension Plan. Ontarians, however, would benefit from a broader debate that looks beyond their borders.
The Ontario government's proposal to supplement the Canada Pension Plan with its own compulsory pension plan is based on a series of faulty assumptions.
The tone and language used by Professor Rhys Kesselman in his criticism of our recent study on the CPP and RRSPs is a far cry from the professionalism and decorum one would expect from a distinguished economist and holder of a Canada Research Chair. Rather than stick to debating the facts, Professor Kesselman stoops to innuendoes and school yard taunts to disparage our work. Reasonable people should be able to disagree without being disagreeable.