Last week came the nice news that the value of our CPP reached a new record high of $192.8 billion (up almost $4 billion from the previous quarter). Of that, $0.6 billion came from our CPP contributions, and the rest from investment income. The CPP investment board has been doing some good work investing in […]
The Vancouver Sun recently published a thought-provoking article about the Canada Pension Plan, taking a deeper look at whether we really need to increase monthly CPP benefits. This issue will be discussed at the annual meeting of our Finance Ministers in December. The question that the article raised is whether Canadians truly have not saved enough […]
So much seems to have been going on lately that, this month, I’ve been tempted to pass on a little more information than normal. The StudyThe Canadian Institute of Actuaries released a study in July that says we are now living so long that mortality tables (which actuaries use to measure how much money will be needed […]
The Globe and Mail reported earlier this week that the Federal Finance Minister, Jim Flaherty, agreed with his provincial ministerial colleagues to consider a modest expansion of the CPP this June. It didn’t happen. The author of the article, Michael Wolfson, added that a study – also released this week, by the Canadian Institute for […]
Barely a week passes without news on the Canada Pension Plan. There’s a lot going on right now, in fact, so let’s take a look. Value of the planTo see how the CPP has performed, it’s worth looking at how the total plan value has increased since 2009 — CPP fund at: March 31, 2009 […]