Tag: Canada Pension Plan
Investing some of the Social Security trust fund’s assets in equities has obvious appeal. Equity investment has higher expected returns relative to safer assets, so Social Security might need less in tax increases or benefit cuts to achieve long-term solvency. On the other hand, equity investments involve greater risk and raise concerns about interference in…
In Canada, like the United States, more than half the private sector workforce does not have access to a well-designed, cost-effective retirement savings plan. In Canada, the province of Ontario was in the process of responding to the coverage gap with the Ontario Retirement Pension Plan (ORPP). The initiative was announced in 2014, and ORPP…
