Canadian Pension Plan

Government on Right Track with Target Benefit Pension Plans

Robert L. Brown | Posted 07.13.2014 | Canada Business
Robert L. Brown

In a speech in Toronto a couple of weeks ago, Kevin Sorensen, Minister of State for Finance, introduced details of a new "hybrid" pension plan proposed for all federal workers and other corporations under federal pension regulation. He referred to these proposed plans as Target Benefit Pension Plans.

Most Canadians Are No Better Off Financially Than They Were Last Year

Doug O. Jones | Posted 02.18.2014 | Canada Business
Doug O. Jones

A recent Sun Life survey has provided some sobering food for thought ahead of a holiday season that often means less sober endeavours for many. It seems that at year end, the majority of Canadians are no better off financially than they were a year ago and that situation worsens for those 55 years of age and older.

What You Should Know About Pooled Registered Pension Plans

Dan Kelly | Posted 02.17.2013 | Canada Business
Dan Kelly

Bad public policy ideas are like Jason Voorhees in those old Friday the 13thmovies: no matter how many times you think you've killed them, they keep coming back to cause trouble. As the federal and provincial finance ministers get ready to discuss a number of issues, the country faces a very real problem: too few Canadians have begun to save for retirement.

For Private Sector Workers, CPP's Bridge Benefit Leads to Nowhere

Catherine Swift | Posted 10.30.2012 | Canada Business
Catherine Swift

Most Canadian private sector taxpayers are blissfully unaware of the existence of a wonderful bonanza public sector workers enjoy at their expense -- namely, the Canada Pension Plan bridge benefit. But if people were fully informed about the special treatment accorded to public sector workers, one aspect of which being the bridge benefit, they likely would have been less willing to jump on the bandwagon of later retirement for themselves.

Why Take-Home Pay Will Shrink In 2012

CP | Julian Beltrame, The Canadian Press | Posted 02.27.2012 | Canada Business

OTTAWA - Even without major tax hikes, Canadians' take-home pay will get a little lighter starting Jan. 1.The Canadian Taxpayers Federation says premi...

Should We Double Pension Plan Benefits?

Michel Kelly-Gagnon | Posted 02.27.2012 | Canada Business
Michel Kelly-Gagnon

Canadians have too much debt and don't make enough money to save for their retirement? No problem. If we only forced everyone to save more -- poof! -- the problem would disappear and pensioners would get government cheques twice as generous.