The article focuses on the challenges faced by the Canada Pension Plan (CPP), the social security program of the government of Canada. By the mid 1990s there was a growing consensus that the CPP was facing serious, long-term solvency issues. At present two new risks are emerging that ...
The CPP is an extremely well-funded pension program and its risk level is roughly equivalent to that of the entire country/government of Canada collapsing. When to collect CPP is a personal decision that depends on a lot of variables. Although you can begin CPP at 60, the standard age ...
The Trudeau Government and its provincial governments have worked to improve the Canada Pension Plan to provide working Canadians with more income in retirement. These changes were principally motivated by the declining share of the workforce covered by an employer-defined-benefit pension plan, which h...
As we celebrate the 25th anniversary of CPP Investments, we reflect with pride on the journey that began with a clear mission: to manage the funds entrusted to us in the best interest of Canadian contributors and... Report • May 22, 2024 ...
The Canada Pension Plan (CPP) is a government-led retirement program that was launched in 1965 to help add a little more shine to your golden years. It was originally meant to provide you with 25% of your pre-retirement income, but thanks to something called theCPP Enhancement, which start...
CPP Investment's directors are appointed by the Finance Minister of Canada in consultation with the participating provinces.
If you’ve worked in Canada, chances are you’ve contributed to either the Canada Pension Plan (CPP) or Quebec Pension Plan (QPP). While the rules and guidelines for the CPP and QPP are complex, here’s a quick overview of how they work.CPP...
The Government of Canada is recommending just that. Retirement planning advisor: Do you know how much money you would need to retire? According to a 2015 BlackRock survey: 40% of Canadians said they only had a general sense of how much money they’d need to retire 33% said they had ...
The Alberta government has been advertising the benefits that it says could come to Albertans with a transfer out of the CPP, but economists and the Canada Pension Plan Investment Board say the amount Alberta would get would be half of what is being advertised, at best. ...
Our role is to invest the funds of the Canada Pension Plan (CPP) to help ensure that it can provide benefits to Canadians over many generations. Because we don’t have to sell investments to meet our obligations and because we have a reliable income stream due to ongoing contributions, we...