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Archive for 'CPP'

Stapleton on Harper’s Proposed OAS/GIS Changes

John Stapleton has an opinion piece out on Prime Minister Harper’s proposed changes to Old Age Security (OAS) and the Guaranteed Income Supplement (GIS). I find the following quote from Stapleton to be particularly troubling: By providing OAS and GIS at age 65, Canada has greatly reduced the incidence of poverty among seniors. By moving the [...]

Posted by Nick Falvo under Conservative government, CPP, demographics, fiscal federalism, income support, Old Age Security, older workers, pensions, population aging, poverty, retirement, seniors, social policy.
February 19th, 2012
Comments: 1

Social Insurance Benefits Increase!

Amidst the plethora of media reports on “payroll tax” increases for 2012, there was little mention of increases in benefits.  For example, the Toronto Sun,cued by the Canadian Taxpayers Federation, reported: If you feel a hand grabbing at your wallet next week, calling the cops won’t do any good because it’s the federal government picking [...]

Posted by Andrew Jackson under CPP, Employment Insurance, taxation.
December 31st, 2011
Comments: 2

The Tortoise and the Hare

Some newspapers have paid some well-deserved attention to the multi-million dollar bonuses recently handed to the executives of the Canada Pension Plan Investment Board (CPPIB) after they lost $24 billion of Canadian workers’ pension savings with their investments last year. What has received less attention are the low long-term rates of return that the CPPIB [...]

Posted by Toby Sanger under CPP, pensions.
May 29th, 2009
Comments: 10

Income Inequality and Pensions

http://www.statcan.ca/english/research/11F0019MIE/11F0019MIE2006286.pdf This study, “Pension Coverage and Retirement Savings of Canadian Families, 1986 to 2003″, released by StatsCan today, highlights increased inequality of retirement savings at the family level. Unsurprisingly given increased inequality of both earnings and wealth, the top quintile of families are accumulating more retirement savings than was the case in the mid 1980s, [...]

Posted by Andrew Jackson under CPP, income support.
September 26th, 2006
Comments: 1

Demographic apocolypse 2020?

Pierre Fortin, who I usually find to be an interesting economic commentator on public policy issues, makes the case for demographic apocolypse. i used to share that fear, but I’ve done some number crunching on this issue in the BC context (i.e. more seniors than the national average) and am not convinced that the problem [...]

Posted by Marc Lee under CPP, demographics, federal budget, population aging, taxation.
July 17th, 2006
Comments: 2

Conservatives look to undermine Canada Pension Plan

The Globe and Mail reports that the Conservatives are planning to cut CPP premiums that were raised under the Liberals in order ensure that the program would be sustainable over the long term. In the interim they will use surpluses to fill the gap. But what happens if those surpluses disappear? This looks like a [...]

Posted by Marc Lee under CPP, federal budget, poverty, Role of government, taxation.
June 23rd, 2006
Comments: 1