If you think CPP/QPP expansion is not the way to go, kindly take a moment to sign the petition to send a strong message to the federal government and your provincial leaders.
CPP/QPP EXPANSION MEANS ALL WORKING CANADIANS WILL PAY MORE TODAY IN EXCHANGE FOR UNCERTAIN BENEFITS 40 YEARS DOWN THE LINE.
CFIB has a better idea (or three):
Make sure there’s A problem before creating solutions.
Pensions are not the only way that Canadians save for retirement. Instead of assuming there is a “pension crisis”, governments need to better understand and respect the ways that some Canadians choose to save.
Provide more, better options for retirement savings.
There are a number of ways to help Canadians save for retirement that don’t include more forced deductions from their weekly pay. The federal government has approved Pooled Registered Pension Plans (PRPPs), which if approved by provinces would allow more small businesses to offer workplace savings options.
Don’t try to take blood from a stone.
Studies clearly show that most Canadians simply can’t afford to set aside more for their retirement. Instead of forcing workers to save what they don’t have, governments should ease the tax burden, and then let Canadians make their own choices.