Ontario Workers Need Savings Options, Not More Government Promises

Throwing money at a problem rarely makes it go away, and sometimes it just makes the problem much worse


Ontario Premier Wynne has been a vocal critic of the Canadian Pension Plan (CPP) for not providing Canadians with enough savings to live off during retirement. She is right. But the CPP was never meant to be our sole source of retirement income, and by building a secondary scheme on top of the CPP, modelled after the CPP, she will merely ensure Ontarians have less after-tax money to save and prepare for their own retirement.
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