Don’t Double Down on the CPP: Expansion Advocates Understate the Plan’s Risks

Summary:
Page Title:Don’t Double Down on the CPP: Expansion Advocates Understate the Plan’s Risks – C.D. Howe Institute
Article Title:Don’t Double Down on the CPP: Expansion Advocates Understate the Plan’s Risks
URL:https://cdhowe.org/publication/dont-double-down-cpp-expansion-advocates-understate-plans-risks/
Published Date:June 9, 2011
Accessed Date:February 14, 2025

Expanding the Canada Pension Plan (CPP) is a risky route to addressing Canadian concerns about low incomes in retirement, according to a report released today by the C.D. Howe Institute. In “Don’t Double Down on the CPP: Expansion Advocates Understate the  Plan’s Risks,” author William B.P. Robson says advocates of an expanded CPP as a solution to retirement income worries too often promote it as a plan with guaranteed benefits that are fully funded. “The CPP is a gamble, not a guarantee: expanding the plan would raise the stakes on a bet most Canadians do not know they have made,” says Robson, who is President and CEO of the Institute.

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