Pension expert Sean Cooper on PPPs
One out of two taxpayers has money at the CRA: Surprised? We were.
Now that Canadians are in the middle of personal tax season for 2017, we wanted to provide some new information that we hope will be of interest to taxpayers from coast to coast.
Pension Innovation: How Can Entrepreneurs Level the Playing Field With Their Counterparts in the Public Sector?
The Great Recession of 2008 had many consequences, but in the world of pensions, it truly highlighted the chasm separating the private sector from public sector retirement plans. The "Great Divide" boils down to this: civil servants have back-stopped, defined benefit plans that will provide a comfortable level of pension benefits in retirement, whereas the taxpayers responsible to fund such great plans are largely relegated to RRSPs with much lower contribution limits and a limited ability to weather financially volatile markets.