Retirement Canada

This Is The Biggest Financial Worry For Retiring Canadians

CP | Linda Nguyen, The Canadian Press | Posted 09.27.2014 | Canada Business

TORONTO - A new poll suggests that health and medical costs are the biggest financial worry for Canadians later in life.The Bank of Montreal report, t...

If Retirement At 70 Is Happening In Australia, Can We Be Far Behind?

CP | Rod McGuirk, The Associated Press | Posted 07.14.2014 | Canada Business

CANBERRA, Australia - The Australian government's plan to raise the state pension age to 70 has been criticized as unfair for those in physically dema...

Canadians See Rose-Coloured Retirement

CP | Romina Maurino, The Canadian Press | Posted 04.21.2014 | Canada Business

TORONTO - Canadians are feeling increasingly optimistic when it comes to retirement.A Sun Life survey conducted in November has found that, on average...

More Canadians Counting On Lottery Than Family For Retirement

CP/Huffington Post Canada | Posted 04.01.2014 | Canada Business

More Canadians are counting on winning the lottery than on help from family members to get through retirement, a survey from BMO finds. The Canada ...

How Much Rich Canadians Say They Need To Retire

CP | The Canadian Press | Posted 03.19.2014 | Canada Business

TORONTO - No need to pity the affluent, even if they have to save more than twice as much as average Canadians before retiring.A new poll issued by BM...

Look How Many Retired Canadians Are Back At Work

CP | The Canadian Press | Posted 03.15.2014 | Canada Business

TORONTO - Nearly a third of retired Canadians, or 30 per cent, have returned to work and a major reason is that they misjudged how much their expected...

Why Wynne Is Warning Of An Economic Crisis

CP | Keith Leslie, The Canadian Press | Posted 01.23.2014 | Canada Business

TORONTO - Canada is headed for a "huge economic crisis" if the provinces and federal government don't take action now to improve retirement incomes, O...

Paying For School Costing Parents Their Retirement: CIBC

CP | The Canadian Press | Posted 10.22.2013 | Canada Business

TORONTO - A poll commissioned by CIBC (TSX:CM) says many Canadian parents are delaying their retirement and taking on debt to help put their children ...

Sunny Freeman

Are Bankrupt Seniors Canada's Future?

HuffingtonPost.com | Sunny Freeman | Posted 05.06.2013 | Canada Business

“Pre-retirement” Canadians aged 50 to 59 are taking on an alarming amount of debt and are most at risk of bankruptcy, according to a new study tha...

Did New Brunswick Just Solve The Retirement Pension Crisis?

CBC | Posted 04.26.2013 | Canada Business

The city council of Saint John, N.B., heard some blunt language in November 2012. Faced with a pension plan that was underfunded to the tune of at lea...

Sunny Freeman

Most Canadians Don't Think They'll Retire Early: Survey

HuffingtonPost.com | Sunny Freeman | Posted 02.20.2013 | Canada Business

Forget Freedom 55 or even 65. The vast majority of Canadians surveyed in a new poll don't expect to retire before age 66. And the number of Canadi...

Don't Give Up On That Sunny Retirement Dream Just Yet, Canadians

CP | Paola Loriggio, The Canadian Press | Posted 02.24.2013 | Canada Business

TORONTO - Dwindling pension benefits are forcing many Canadians to rethink how they’ll spend their golden years, but that doesn’t necessarily mean...

Retirement Further Out Of Reach: StatsCan

CBC | Posted 02.03.2013 | Canada Business

Canadians are putting off their retirement plans and working at least two years later across all education levels, Statistics Canada says. ...

He Says He'll Bring Back Retiring At 65

CP | The Canadian Press | Posted 12.26.2012 | Canada Politics

TORONTO - An NDP government would reverse changes to Old Age Security by restoring the retirement age to 65 instead of 67, New Democrat Leader Thomas ...

Planning For Retirement? It May Not Be Up To You

CP | The Canadian Press | Posted 11.19.2012 | Canada Business

TORONTO - A new poll suggests many Canadian boomers could be surprised about the timing of their retirement.The Ipsos-Reid survey of people aged 50 or...

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.

Canada Census: Peterborough, Ont. Is The New Florida

The Canadian Press | Diana Mehta | Posted 05.29.2012 | Canada Living

PETERBOROUGH, Ont. _ As a rhythmic easy-listening staple sets the beat, Isabell Graham glides in graceful synchronicity with more than a dozen other e...

Is 'Semi-Retirement' Canada's Future?

CP | Posted 05.29.2012 | Canada Business

David K. Foot is a professor in the Economics Department at the University of Toronto and co-author of the ``Boom Bust & Echo'' series of books about ...

Harper Needs to Put Women and Children First

Irene Mathyssen, MP | Posted 04.02.2012 | Canada Politics
Irene Mathyssen, MP

Like never before, families are feeling the squeeze of inadequate support for seniors, shaky retirement savings, skyrocketing tuition, and lack of affordable childcare. Women and their families are increasingly shouldering these burdens without assistance from the federal government. Harper's policies are actually significant setbacks to the strides women have taken towards equality in the last generation.

Are You Saving For Your Retirement?

CP | The Canadian Press | Posted 03.31.2012 | Canada Business

TORONTO - As pensions come under increased pressure from corporate and public-sector cost-cutting, Canadians need to place a higher priority on saving...

Freedom 55? Forget About It

Toronto Star | Posted 10.18.2011 | Canada Business

Forget about freedom 55 — most of us will be lucky if we’re able to retire by 65 or 70. Once we get there, we’ll likely have lower benefits afte...