I do not dispute that some individuals who are already saving enough (via CPP, RRSPs, and workplace pensions) for their retirement would be induced by an expanded CPP to offset that with some reduced ...

I started to take CPP at age 61, calculating that I would receive full payback of my contributions to the CPP by age 67. As it turned out I continued in my trade till age 69….continuing to pay ...

This might sound like a bit of a pinch in your paycheque now. But the idea is that by contributing a bit more during your working years, you’ll receive larger CPP payments when you retire.

The recent CPP enhancement is like a little boost to your retirement savings plan, designed to give future retirees more financial security. Starting a few years ago, the CPP enhancement gradually ...

If that doesn’t sound like fun to you, read on, because in the next section I will explore one way that you could earn some income from 60 to 65 while you wait for your CPP benefits. How to ...

I have not seen the CPP expansion enthusiasts address any of these questions. My suspicion is that, consciously or unconsciously, they would like to do an end-run around the "no more wealth ...

In defending their analysis of the effects of expanding the Canada Pension Plan on RRSP savings, the three Fraser Institute researchers find my critique “disparaging” (Vancouver Sun, July 18 ...

In your case, Ellen, based on the information in your question, you started paying into CPP right when you turned 18 (in 1975), and have paid CPP premiums for a total of 44 years (from 1975 to 2019).

CPP won’t nearly cover all your retirement income needs, but it does deliver a monthly pension of $760.07 on average as of April and a maximum of $1,306.67 for 2023 for those who start ...

This might sound like a bit of a pinch in your paycheque now. But the idea is that by contributing a bit more during your working years, you’ll receive larger CPP payments when you retire.