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July 15, 2021

Canada needs to get it right on pension reforms

Policy-makers must start thinking "outside the box" to ensure Canada and Quebec Pension Plan (CPP/QPP) reforms will address projected gaps in future retirement income.

A new study from the Institute for Research on Public Policy (IRPP) reveals that these new reforms, as they stand, will be of little help to the next wave of Canadian retirees.

Michael Wolfson, former chief statistician, Statistics Canada, examines the impact of various options for CPP/QPP in the study Not-So-Modest Options for Expanding the CPP/QPP.

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Gordon PowersGordon Powers

A long-time fund company executive, Gordon Powers now heads up the Affinity Group, a financial services consulting firm. Gordon was a personal finance columnist for the Globe & Mail for many years, has taught retirement planning...