Tuesday, January 19, 2010

The RRSP Mirage


Can Canada restitch the fraying financial safety net citizens count on when we stop working?

On Dec. 17, federal and provincial finance ministers will meet in Whitehorse for talks focussing on retirement and pension reform. Hopes are high for an historic moment -- the dawn of "Pensioncare."

Fears are equally high -- that the history will have more to do with squandered opportunities and fumbled balls.

Triggering this confab is the growing consensus that Canada needs to figure out a way to get pensions for people who don't have them, and to shore up the retirement savings for people who aren't accumulating what they expected. (more)

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