“It’s easy to see how average Canadians could confuse the rates of return earned by the CPP fund with what they actually receive via their CPP retirement benefits
Canadians born after 1971 will receive meager 2.1 per cent rate of return from Canada Pension Plan
TORONTO—Contrary to widely held public opinion, the Canada Pension Plan (CPP) provides only a meager rate of return for most Canadian workers—especially younger workers, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
