Benefits of expansion need to be weighed against the costs, says Fraser Institute report
McCaughey's proposal based on simplicity, predictable payout
Canada Pension Plan should allow 35% of a worker’s income to be replaced in retirement, up from 25%
Nearly 6 million Canadians could see their living standards drop by more than 20% in retirement
Clients should review their pension plan designations following a recent ruling from the Ontario Court of Appeal
Ottawa and provinces will work for the next six months to map out a strategy for moving ahead
Finance ministers to discuss pension reform in Ottawa
2.1% rate of return in fiscal third quarter
Some clients will be able to begin collecting pension benefits while still working full-time. For others, the financial advantages of retiring later have increased