A full doubling of CPP benefits would mean Canadian seniors retiring with adequate income, less fiscal pressure on federal and provincial programs for low-income seniors, more spending money and a stronger, fairer economy. That is something we can all benefit from.
There's no free lunch in this world, and indeed, there's no free retirement. If retirement benefits are going up, then someone has to pay for it. The question we need to ask about any kind of a CPP/QPP increase is, what are the real costs, who pays, who can expect to reap the benefits, and what exactly can they expect to get?
WASHINGTON - The U.S. Senate has approved a budget legislation that contains a provision demanded by the Republicans to pressure President Barack Obama into approving construction of a Canada-to-Texas...