The expanded CPP will not increase overall retirement savings.
CPP
January 15, 2019
9:04AM
For every $1 increase in CPP premiums, the average Canadian household reduced its private savings by almost $1.
January 8, 2019
9:32AM
The bulk of current contributions fund the benefits to current retirees.
August 15, 2018
12:11PM
Clearly, lack of a workplace pension does not doom someone to financial insecurity in retirement.
May 3, 2018
1:00AM
April 4, 2018
12:25PM
Canadians born after 1970 can expect a rate of return on their CPP contributions of between 2.3 per cent and 2.5 per cent.
January 17, 2018
1:05PM
The program is designed so Canadians who die early in life subsidize those who live longer.
January 11, 2018
10:33AM
The increased CPP tax alone translates into $1,624 more in taxes.
January 11, 2018
1:00AM
December 14, 2017
11:04AM
For retirees born after 1993, the CPP rate of return will be a meagre 2.5 per cent.