Improving Canada’s Retirement Income System
This discussion paper on Canada’s retirement income system, authored by Keith Ambachtsheer and Michael Nicin, identifies the key challenges and opportunities to addressing and improving retirement prospects for Canadians. The paper outlines three broad priorities: 1) Increase pension coverage for Canadians without a pension plan; 2) Increase savings rates for middle-income earners; 3) Increase incentives and opportunities for people to work at older ages, as life expectancy increases.