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.
Loading data...
Loading chart...
Trend of how important this issue is for 12k Federalism voters.
Loading data...
Loading chart...
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.
Join in on the most popular conversations.