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December 15, 2020

Uncertainties Loom for Canada Pension Plan

  • Uncertainties lie ahead for the Canada Pension Plan that could lead to higher contribution rates or lower benefits.
  • Author Bob Baldwin looks at Canada Pension Plan (CPP) valuation reports and explores the financial sustainability of the CPP under various risk scenarios.
  • “I have deep-seated concerns that the risks involved in managing the CPP are poorly understood,” writes Baldwin. “If unanticipated negative risks materialize, the Plan will be subject to significant political as well as economic risks.”
Bob Baldwin

Bob Baldwin is an Ottawa based consultant who has worked on pension issues for more than 30 years. He worked for the Canadian Labour Congress for all but three years from 1976 to 2005 – the last 10 as the Director of Social and Economic Policy.