Calls for introduction of private retirement accounts
Middle class needs to save more
Canadian politicians must eliminate mandatory retirement and prepare for rising medicare and other costs as the population ages, says a report from the Certified General Accountants Association of Canada. The report released Wednesday estimates Canada’s total health-care bill at $147 billion in 2020, adjusted for inflation, up from $80.7 billion in 2000. It urges action […]
Boomers have ambitious expectations for active retirement lifestyle, poll finds
Many intend to finance retirement by selling their home
Most believe government would only cover partial medical costs
Announces plan to buyback common shares
Move may require changes to pension plans
Canadians with retirement plans less worried
Only 1 in 10 dipping into investment income