By John Paul Tasker, CBC News, June 21, 2016
Canada Pension Plan will replace roughly 30% of a worker’s earnings in retirement
The Canada Pension Plan will soon start collecting more of your money to provide support later in retirement, after the federal government and most of the provinces hashed out an enhancement plan Monday.
Depending on whom you ask, the hike is either a much-needed shot in the arm for middle-income retirees or another blow to the bottom line for businesses.