Enhancements to the CPP and QPP
A surprising number of Canadians don’t have enough savings to ensure a comfortable retirement. In fact, the federal government estimates that a quarter of families are at risk of not having enough savings to maintain their current standard of living in retirement. To help retirees make ends meet, the Canadian and Quebec governments decided some years ago to enhance the Canadian and Quebec pension plans. The changes will mean larger retirement pensions as well as improved disability and survivor benefits. However, those benefits come at a cost—higher mandatory contributions for workers and employers.
------------------------
Follow Peter Guay on
Twitter: / pwlpete
LinkedIN: / peterguay
Visit PWL Capital:
https://www.pwlcapital.com/teams/layt...
Follow PWL Capital on:
Twitter: / pwlcapital
Facebook: / pwlcapital
LinkedIN: / pwl-capital