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Expand CPP, experts urge

Wednesday, December 14th, 2011

Dec. 14, 2011
A group of pension experts, including a former chief actuary of the Canada Pension Plan, is calling on Canada’s finance ministers to commit to expanding the CPP. In an open letter Tuesday to Finance Minister Jim Flaherty and his provincial and territorial counterparts, the group said a growing body of research indicates many Canadians will likely have inadequate savings to maintain their standard of living in retirement.

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