The good, the bad and the unintended consequences of an expanded CPP
Amazingly, eight of ten provincial finance ministers and the federal government have agreed to a modest increase in the Canada Pension Plan (CPP).
Amazingly, eight of ten provincial finance ministers and the federal government have agreed to a modest increase in the Canada Pension Plan (CPP).
Last week the C.D. Howe Institute released a short study just in time for the finance ministers’ meeting — rolling out the tired, old argument that as people age, they do not need as much money to live as when they were younger. If only retirement were so easy.
The case of ‘too much medication’ in Canadian seniors is finally starting to be recognized for the serious problem it has become.
Our healthcare system remains focused on acute – emergency — care and the “therapeutic imperative” to fix everything we can fix when a patient is ill. But when someone is approaching the end of life, this approach may no longer be what the patient and their families need or want most.
Are wait times for hip replacements in Canada justified — or could they be shortened? I spent my life teaching actuarial science at a university. As a result, I calculated lots of numbers: averages, expected values, variances. But, they were only numbers. What I didn’t see was the individual human story behind each calculation. […]
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 phenomenon is not exactly marginal: according to a recently released government report, one in every three workers in Canada is assisting a chronically disabled person — many of them seniors — with transportation, household maintenance or day-to-day tasks.
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.
Will the cost of senior care in Canada one day break the bank? Probably not, contrary to common perceptions.
Will the cost of senior care in Canada one day break the bank? Probably not, contrary to common perceptions.