POLITICS
12/07/2011 12:00 EST | Updated 02/05/2012 05:12 EST

Failure to expand CPP means Ottawa could pay more for poor retirees: report

OTTAWA - The federal government may wind up picking up the tab in the future for failing to adequately address Canada's growing pension deficit, according to a report from the Canadian Centre for Policy Alternatives.

The progressive Toronto-based think-tank blasts federal and provincial governments for failing to enrich the Canada Pension Plan, saying the result will be that more retiring Canadians will fall into poverty and require government assistance under the guaranteed income supplement program.

In place of expanding the CPP, Ottawa last month tabled legislation on a new savings device