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The great CPP debate: Key considerations for plan sponsors

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Robert Benz:

Anytime a government (especially the present Liberal government of Ontario) gets involved in creating something which supposed to be beneficial for the taxpayers it ends up being a disaster. It is the responsibility of each individual to save for the future (i.e. retirement) and not the government. It may mean spend less and save for a rainy day. Of course, this doesn’t seem to be “fashionable” these days. Just take a look at all the levels of government which keep spending money they don’t have (foolishly in some cases). Presently, the third highest expense of the Ontario Government is paying interest on their debt ($10 Billion)and surprisingly about 38 % of Ontarions don’t seem to think there is anything wrong with this picture. Why else would they vote for a wasteful government again?

Saturday, February 08 at 10:51 am | Reply

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