But sometime between now and 2025, Canadian employers will almost certainly need to re-think their retirement policies in response to Canada Pension Plan expenses that began to go up in January. ( Sean Kilpatrick / THE CANADIAN PRESS )Canadian pension experts say higher mandatory contributions to the CPP and the Quebec Pension Plan, will inevitably ripple through human resource budgets over the next six or seven years. “When a corporation designs a pension plan . Part of it ... pays for the cost of the retirement plan. “A change to a pension plan design is a pretty big deal .

Source: thestar May 12, 2019 13:52 UTC