Time for CPP enhancement

Dear editor,

If your income is low, it is very difficult if not impossible to set money aside for your retirement.

Dear editor,

If your income is low, it is very difficult if not impossible to set money aside for your retirement — only those with a considerable income have the luxury of doing that.

In a recent study, CIBC World Study found that nearly six million Canadians will move into retirement with inadequate retirement resources, and many of them will  require major government intervention just to survive.

Investing in people, including ensuring they have a safe and secure retirement, has to be one of the three pillars of any government’s economic plan. And that is where government policy changes to encourage and support the Canada Pension Plan (CPP) need to be made.

The CPP already exists, the infrastructure is there, it has a proven record of investments.

The Ontario government has gone on record as supporting an enhanced CPP to go along with private savings and registered pension plans as the three pillars of future economic security for individuals as well as government.

I have asked Premier Clark and my MLA Don McRae to advocate for an enhanced CPP, joining Ontario.

Will you do the same?

Cliff Boldt,

Courtenay

 

Just Posted

Youth lead Millard Creek fisheries tour

Join the Youth and Ecological Restoration (YER) youth-led fisheries tour at 3300… Continue reading

NIC’s new Aboriginal Leadership certificate starts this fall

Seats are open for the September start of NIC’s new Aboriginal Leadership… Continue reading

YANA Ride cruises past fundraising goal

The 2018 ride is expected to meet last year’s total of $62,000

Mid-Vancouver Island air quality risk very high

Residents of the mid-Island area went to bed last night and awoke… Continue reading

Comox Valley Ground Search & Rescue kept busy across the province

CVGSAR had a busy week, sending rescuers as far away as Invermere

U.S. man admits slaying wife, blames her for daughters’ deaths

A 33-year-old Denver man is facing three first-degree murder charges

Muslims celebrate Eid al-Adha as pilgrims conduct hajj rites

More than 2 million pilgrims carry out the final rites of the hajj in Saudi Arabia

White Spot records B.C. Pirate Pak record day

Popular B.C.-Alberta event raises more than $116,000 to send kids and adults to Zajac Ranch

Suspect in Spiderman suit steals camera on Vancouver Island

Suspect in red and blue “onesie” caught on surveillance footage breaking into truck in Nanaimo

B.C. team stays alive in Little League World Series after another nail-biter

Surrey-based squad scored a 6-4 win over Mexico reps in Williamsport on Monday

Zeballos wildfire not getting any closer to town – BC Wildfire Service

Authorities optimistic about Zeballos; choppers grounded due to heavy smoke

Kids, seniors at risk as smoke from distant fires hangs over parts of B.C.

B.C. Centre for Disease Control says children’s lungs don’t fully develop until about age 10

B.C. mother charged in 7-year-old daughter’s death appears in court

The 36-year-old mother, of Langley’s Aaliyah Rosa, has been charged with second-degree murder

Most Read