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Canada: pension system changes in 2024 for average workers

Canada: pension system changes in 2024 for average workers

Under this policy, Canadian employers match the retirement income of their workers. (Photo: 123RF) Starting Monday, middle-income earners will begin to see more of their paychecks go toward Canada Pension Plan (CPP) contributions. Pension revisions began in 2019 as the Quebec Pension Plan (QPP) and CPP began to phase in expanded benefits to provide Canadians … Read more