The Investment Industry Association of Canada (IIAC) questions whether a CPP supplement is needed, given the saving options already available to investors.
When Minister of Finance Joe Oliver announced in May that the federal government would consider allowing voluntary contributions to CPP, the financial community was caught by surprise. After all, his predecessor, Jim Flaherty, had publicly stated that the government looked into a voluntary CPP proposal in 2010 but declared it unworkable.
As Ontario moves forward with its mandatory provincial pension program, it should use Australia’s DC system as a model instead of the Canada Pension Plan (CPP).
To eliminate its retirement income insecurity, Canada needs to overhaul every aspect of its retirement system, instead of simply focusing on whether to expand the Canada Pension Plan (CPP).
The Conservatives may be vulnerable on one point in this year's federal election and it has to do with seniors, reports Maclean's.
In May, the Conservative government said it will look into allowing Canadians to voluntarily put more of their earnings into the Canada Pension Plan. Announced just before the 2015 federal election, this idea strikes some as merely a marketing campaign. Industry practitioners say even if it comes to pass—and that’s a big if, because it […]
A Fraser Institute study that claims CPP expansion could reduce voluntary savings is flawed, says CUPE national president Paul Moist.
A mandatory CPP expansion or the Ontario Retirement Pension Plan (ORPP) could lead to a reduction in voluntary savings, finds a Fraser Institute study.
The Government of Canada has officially started consultations for a voluntary supplement to the Canada Pension Plan (CPP).
As Canada's premiers prepare to meet in St. John's this Wednesday, new data shows that most Canadians can't afford to save more for retirement, and wouldn't put any extra money into the CPP or QPP if they could.