Canada not preparing for ‘greying of society’ given retirement age reversal

2017-11-28T13:40:10-08:00November 28th, 2017|Categories: Retirement|Tags: , |

Compared to other high-income countries, Canada is doing very little to prepare for the “greying of society,” according to a new study by public policy think-tank the Fraser Institute. Among G7 countries, Canada is the only one without a plan to increase the age of eligibility for government retirement programs, noted the study. The former Conservative federal government planned to increase the age of eligibility to 67 for old-age security and the guaranteed income supplement, a measure that would have been [...]