New report suggests a ‘fully-funded’ expanded Canada Pension Plan might not be such a sure thing
A new report that looks at the federal government’s blueprint for an expanded Canada Pension Plan warns the larger payouts are predicated on returns that may not materialize over the next 40-75 years. The C.D. Howe Institute in a paper out Tuesday is calling on Ottawa to be more forthcoming about the potential investment risk for the plan, suggesting that over the next 40 years the expanded plan will achieve 90 per cent of targeted benefits only 54 per cent...