canada pension plan

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In an attempt to increase transparency, Prime Minister Justin Trudeau has made “mandate letters” to his ministers publicly available. These letters are intended to clarify the focus of each minister’s portfolio.


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A series of blog posts will highlight key policy areas where Finance Minister Bill Morneau’s think-tank experience can be especially useful. In this post, we examine the policy choices surrounding retirement savings.


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In recent years, there’s been a strong push to expand the Canada Pension Plan, and Ontario intends to launch an additional mandatory pension plan in January 2017.

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The Ontario Liberals recently introduced legislation to create a mandatory government pension plan modelled after the Canada Pension Plan.


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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.


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With talks to expand the Canada Pension Plan having stalled, the Ontario government has pledged to roll out its own provincial version.

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Imagine receiving a credit card bill that totaled $243,476. This would no doubt be a shock for most Canadians. But if you add up all the liabilities of every Canadian government "federal, provincial, and local" that is in fact how much each taxpayer would owe of the $4.1 trillion total in direct debt and unfunded liabilities.

This admittedly is a very large number and much bigger than what is usually talked about by both politicians and pundits alike. So let's deconstruct it to gain a better understanding.