Reversing course and raising the age of eligibility for retirement benefits to 67 from 65 would be politically costly, but it makes eminent sense when one considers the aging of our population.
canada pension plan
October 13, 2016
10:06AM
CPP expansion will mean several thousands of dollars more in annual contributions from working Canadians.
October 7, 2016
2:00AM
An expanded Canada Pension Plan naturally comes with higher CPP taxes.
September 2, 2016
2:47PM
High marginal effective tax rates weaken the incentives for people to earn extra money.
September 1, 2016
1:14PM
The new Canada Child Benefit program, and the expansion of the CPP, may hurt middle-income Canadians.
July 28, 2016
3:22PM
The rate of return Canadians—especially younger workers—will receive on their CPP contributions is meagre and will remain so even after expansion.
July 25, 2016
12:33PM
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).
July 15, 2016
10:17AM
Most Canadians are adequately prepared for retirement, making CPP expansion largely unnecessary.
July 14, 2016
1:30AM
The returns of the CPP's investment arm in no way influence the CPP retirement benefits received by Canadian workers.