In June of 2016, the Liberal government announced reforms to Canada’s retirement income system. At the heart of the plan was a commitment to increase the benefits provided by the Canada Pension Plan (CPP). While this might seem like an unquestionable win for Canadians’ chequebooks, a new IRPP study finds that Canadians are not likely to benefit as much as they’d think from the reforms.
Bob Baldwin is an Ottawa-based consultant and co-author, with Richard Shillington, of the new IRPP study Unfinished Business: Pension Reform in Canada. He stopped by the podcast to explain why the reform falls short of its goals and how the government can address the issue.
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