The Canadian Pension Plan (CPP) is public program that requires all employed Canadians to contribute a percentage of their earnings, with their employer matching the amount, to a nationally administered pension plan. Currently, the employee contribution rate is set at 4.95% up to a maximum of $2,356.
Statistics are shown for this demographic
Province/Territory
Response rates from 12k Federalism voters.
25% Yes |
56% No |
24% Yes |
53% No |
1% Yes, higher premiums could be used to reinvest in the economy and reduce the government's liability to fund payments to seniors |
3% No, higher premiums would encourage businesses to hire fewer workers and negatively affect the economy |
Trend of support over time for each answer from 12k Federalism voters.
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Trend of how important this issue is for 12k Federalism voters.
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Unique answers from Federalism voters whose views went beyond the provided options.
@4T2DJV24yrs4Y
People should not give their money to the government
@B2HMZCY1mo1MO
My generation, and those beyond it, will likely never see any more than a fraction of what we should - at best.
@9ZYVF3M3mos3MO
It should be raised to 5%, especially for high wage earners, and employers should have the option to opt out for private
@9ZQ5RS73mos3MO
No and you should be able to opt out of it if you can prove you are financially literate. This 4.49% could be used in my stock account..
@B2WRHY43wks3W
I think it should be up to the person if they would like to contribute more or not. Whatever is best for Canada and people regarding the actually rate.
@9RTLWCP7mos7MO
Yes, if we can afford it, but reduce the deficit and debt first, also allow people to opt out and have a choice for private pensions
@9RZPX677mos7MO
only if to help their individual retirement. abolish gimmick tax scams in canada and allow people to make actual money
@9H6XNKX1yr1Y
No. Retirement age should be raised immediately. After that should be assessed and raised according to average life expectancy.
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