306 results found for "guaranteed annual income"
Op-Ed
With the worst of COVID-19 behind us, the federal government needs to re-focus on long-standing stresses, including tax rules that limit many Canadians from saving as much for retirement as they would like and may need, and that force them to draw their retirement saving down faster than is prudent. MPs and federal public servants have tax-backed plans that guarantee them…
Intelligence Memos
To: Canadian Pension Plan Sponsors, Policymakers and Other Stakeholders From: Idan Shlesinger, Michelle Loder, and Gavin Benjamin Date: November 2, 2022 Re: Shift in Focus to Improve Retirement for Canadians With innovations emerging to address the shortcomings of defined-contribution (DC) pension plans and Group Registered Retirement Savings Plans, it is time for these…
Media Release
October 25, 2022 – With innovations emerging to address the shortcomings of defined-contribution (DC) pension plans and Group Registered Retirement Savings Plans (Group RRSPs), it is time for these capital accumulation plans to shift their focus from building assets to providing lifetime retirement income for retirees, according to a new report from the C.D. Howe Institute. With over $1.5…
Intelligence Memos
From: Joel Balyk, Benjamin Dachis and Charles DeLand To: Alberta oil royalty regulators Date: October 18, 2021 Re: Alberta’s Outdated Oil Sands Royalty Regime Needs a Fix Canada’s oil sands accounted for 63 percent of oil production in Canada in 2019, and their royalties have been the source of 7.7 percent of Alberta’s revenues since 2008. The province regularly reviews the royalty…
Op-Ed
Suddenly, inflation is in the news. In Canada and abroad, spending is surging and COVID-impaired production is struggling to keep up. Key commodities – oil, lumber and metals – are expensive. It is front-of-mind in financial markets as well. The yield on the federal government’s 30-year bonds, which was below 0.9 per cent last August, topped 2.0 per cent last week – well above its pre-pandemic…
Intelligence Memos
From: Miles Corak To: Employment Minister Carla Qualtrough Date: October 19, 2020 Re: Employment Insurance Reform That Promotes Agency More than one out of every three dollars distributed through the Employment Insurance (EI) program are for so-called Special Benefits, those parts of the program associated with maternity and parental leave, with caregiving, and with sickness. The…