The cost of running the Canada Pension Plan has more than tripled, the result of transaction fees and external management fees, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. The study, Accounting for the True Cost of the Canada Pension Plan, spotlights the costs of administering … Continue reading
Often considered an issue that only engages politics at the federal level, pensions have dominated much of the early debate so far in the Ontario provincial election. The reason is a proposal put forward by Liberal Leader Kathleen Wynne to create a made-in-Ontario pension called the Ontario Retirement Pension Plan (ORPP) to supplement the Canada … Continue reading
Canada’s provincial and territorial premiers will be discussing pensions and the federal job grant program when they meet in Toronto today Continue reading
Finance Minister Jim Flaherty thinks that expanding Canada Pension Plan benefits might be a good idea, but just not now. The Canadian Federation of Independent Business thinks it might never be a good idea and has launched a national campaign against the reform. Continue reading
This short paper is the first in a new Caledon series, caledon social statistics. Using a combination of illustrative graphs and explanatory text, the series will explore social programs, tax benefits and trends in low income and other major social and economic indicators. In addition to income taxes, Canadians pay employment-related taxes, known as payroll … Continue reading