16 results found for "guaranteed annual income"
Media Release
September 27, 2016 – Fourth-pillar assets significantly improve the outlook for Canadian households’ retirement readiness, according to a new report from the C.D. Howe Institute. In “The Bigger Picture: How the Fourth Pillar Impacts Retirement Preparedness,” authors Jeremy Kronick and Alexandre Laurin provide a comprehensive assessment of fourth-pillar assets in Canada.
“Contrary to popular…
Intelligence Memos
From: Bob Baldwin
To: Legislators and Public at Large
Date: December 19, 2016
Re: In the “DB” pension plans versus “DC” debate, TB plans have plenty of appeal
Advocates for pure defined benefit (DB) pension plans have criticized Bill C-27 which would allow federally regulated employers to replace their defined benefit plans with target benefit plans. I too share a preference for DB, but I also…
Intelligence Memos
From: Livio Di Matteo and Colin Busby
To: Ministers of Finance and Health Canada
Date: July 20, 2016
Re: Why Ottawa Should Resist Provincial Calls for More Health Dollars
High on the agenda of this week’s premiers meeting in Whitehorse is whether to demand more federal cash in negotiations over a new health accord. The prior 2004 health accord delivered federal health transfer growth of 6…
Intelligence Memos
From: Bill Robson
To: Retirement savers, employers and pension plan administrators
Date: 21 June 2016
Re: The Finance Ministers’ Statement on CPP Expansion
That federal and provincial finance ministers announced agreement in principle to expand the Canada Pension Plan (CPP) at their 20 June 2016 meeting is no surprise. The prospect of a separate Ontario Retirement Pension Plan (ORPP) created a…
Op-Ed
The government of Ontario is currently looking at ways to address precarious work through a sweeping review of labour legislation and enforcement in the province – other provinces are planning to follow suit. Employment risks are also featured in federal Finance Minister Bill Morneau’s statements about “job churn” and the persistence of short-term employment. But how bad is the problem and what…
Op-Ed
We have often heard that Canadians are unprepared for retirement. Low interest rates have meant low returns to saving and have accelerated the demise of defined-benefit pension plans in the private sector. People — we are told — are not saving enough for retirement to compensate. But such fears of retirement unpreparedness are overblown.
Studies on the subject have typically ignored retirement…
