Union Bug Blog
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Jul 06, 2011 -
Retired Economist Advocates CPP Expansion
Over the past 40 years, Canada’s retirement income system has provided satisfactory pension incomes for increasing numbers of retirees and has served to reduce poverty among seniors. Although it has performed impressively, there has been pressure of late for systemic reform. Almost a third of middle-income Canadians are not saving enough to avoid a significant drop in their quality of life after retirement.