IM-Ambachtsheer-Hamilton-Ed Waitzer_2024_0514.pub

IM-Ambachtsheer-Hamilton-Ed Waitzer_2024_0514.pub Intelligence Memos From: Keith Ambachtsheer, Malcolm Hamilton and Ed Waitzer To: Canadian Pension Watchers Date: May 15 2024 Re: Canada Needs A New CPP Consensus The creation of the Canada and Quebec pension plans in the 1960s and subsequent amendments to them in the 1990s is a compelling story of how governments worked together to create and susta. [...] While open to different interpretations, Section 113 of the CPP act describes the calculation of the amount to be paid to a withdrawing province. [...] The first generation had to contend with the Depression, the Second World War and runaway inflation. [...] As was the case when the CPP was cobbled together, we’ve come to a point where all involved must look beyond narrow self-interest and be cognizant of the risks and uncertainties of political posturing, inaction, or of referring the matter to the courts. [...] Keith Ambachtsheer is director emeritus of the International Centre for Pension Management, senior fellow at the National Institute on Ageing, and executive in residence at the Rotman School of Management.