CPP myths

9:04AM
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CPP takes bigger bite from Canadians

For every $1 increase in CPP premiums, the average Canadian household reduced its private savings by almost $1.


10:17AM
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Most Canadians are adequately prepared for retirement, making CPP expansion largely unnecessary.


3:28PM
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The rate of return under the current CPP system is 2.1 per cent for Canadians born after 1971.


12:36PM
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A narrow focus on pension assets overlooks non-pension assets such as stocks, bonds, real estate and other investments.


9:09AM
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In 2014, these non-pension assets totalled $9.5 trillion, dwarfing the $3.3 trillion assets in the formal pension system.