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Canadian Pension Plan and RRSPs Shape Retirement Outlook
The Canada Pension Plan is 22 years old and has sunk about 30 billion into debt while Canada's population ages rapidly. By 2014 many will rely on personal savings and investments, with RRSPs highlighted as a key tax advantage. The piece warns of intergenerational transfers and future inflation, urging ownership of real estate and strategic investing for retirement security.
MENTIONED IN THIS ARTICLE
Canada Pension Plan
CPP
Tom Delaney