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July 2, 2015

The 2015 federal budget’s reduction of the mandatory minimum withdrawals from registered retirement income funds (RRIFs) and similar tax-deferred accounts will reduce the risk that many Canadians will outlive their savings. Yet with yields on safe investments so low, and longevity continuing to increase, the risk is still material, according to a new C.D. Howe Institute report. In “Drawing Down Our Savings: The Prospects for RRIF Holders Following the 2015 Federal Budget,” authors William B.P. Robson and Alexandre Laurin commend the government’s recent change to RRIF rules but urge them to go further.

e-brief_210.pdf
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Alexandre Laurin

Alexandre is the Vice-President and Director of Research at the C.D. Howe Institute. 

As part of his duties, he leads the Institute's Fiscal and Tax Policy Program. 

William Robson

Bill Robson took office as President and CEO of the C.D. Howe Institute in July 2006, after serving as the Institute’s Senior Vice President since 2003 and Director of Research from 2000 to 2003. He has written more than 280 monographs, articles, chapters and books on such subjects as government budgets, pensions, healthcare financing, inflation and currency issues.

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