Canada Reaches Agreement on Expanding National Pension Plan

Updated on
  • If finalized by July 15, seven-year roll out begins in 2019
  • Details of required payroll contributions aren’t yet clear

Pension Reform in Canada 'Truly Historic': UBC's Milligan

Canadian provinces have reached an agreement with the federal government to expand the Canada Pension Plan, adding new payroll taxes to boost benefits while fulfilling a key pledge made by Prime Minister Justin Trudeau in the 2015 election campaign.

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