In the short term, self-employed and business-owner clients probably will feel the negative effects of the CPP's expansion. In the longer term, the changes will result in a significant increase in CPP benefits
The increase of 2.7% to $57,400 from $55,900 was calculated according to a formula that takes into account the growth in average weekly wages and salaries in Canada
Business owners surveyed by the CFIB want the overnment to delay CPP expansion pending a review of other options
The changes cover child-rearing as well as survivor and death benefits
Finance ministers agree to introduce “drop-in” mechanism to protect the value of retirement benefits during periods of low or no earnings
The U.K.-based company is a digital distributor of insurance and financial services
Many clients rely on the Canada Pension Plan to form at least part of their guaranteed retirement income. But deciding when to take the benefit, as well as several other issues, can be vexing. An expert provides some of the answers
CPPIB using its shareholder votes to push for more women on corporate boards, CEO says
The upcoming enhancement to CPP is expected to help increase Canada’s overall score in the coming years
A deal reached last year between the federal government and the provinces will raise contributions as of 2019