Proposed Ontario pension plan will cost individual Ontario workers thousands each year

The government’s proposal to mandate higher household saving with more mandatory pension taxes will cost millions of Ontarians thousands of dollars


TORONTO—The Ontario government’s proposed provincial pension plan could cost individual Ontarians up to $3,420 a year or nearly $7,000 for a working couple, says Philip Cross, former chief economic analyst for Statistics Canada, in an analysis published today by the Fraser Institute.
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