Imagine having your private health insurance — dental, vision, prescription drug, life, travel and disability coverage — suddenly terminated by your employer at age 65 while you’re still working for them, and just when you may really need it.
The Fraser Institute has argued recently that the federal government has failed to make a convincing case for Canada Pension Plan (CPP) expansion.
Last week, the media carried a story about a nine-year-old boy in New Brunswick who was denied private health coverage because of his weight (at 5 foot 2 inches and 135 pounds). His family were shocked – as were many reading the story – that a child could be denied private health coverage in Canada.
Amazingly, eight of ten provincial finance ministers and the federal government have agreed to a modest increase in the Canada Pension Plan (CPP).
Pension reform continues to hold interest across the country, especially given the willingness of the federal Conservatives to at least talk about expanding the Canada Pension Plan (CPP).
The Conservative government has announced it would like to have a dialogue with Canadians about a potential expansion of the Canada Pension Plan (CPP). While this, in itself, is a purely political action — since it commits the government to nothing — it is worth looking at what the possible outcomes might be.