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Status of Women committee  It's something we could look at with the tax data, for sure, if you're interested in, say, RRSP contributions as well as our RPP coverage, but I'm not aware of any study that has done it.

October 20th, 2009Committee meeting

Ted Wannell

Status of Women committee  I don't think we want to say anything about what should be done. For example, we know that in the United States the situation is the opposite and they're having a hard time financing things based on the average industrial wage. I think we have to recognize that when you come int

October 20th, 2009Committee meeting

Ted Wannell

Status of Women committee  We really don't have a whole lot of evidence on that right now. There's actually a new survey that will become available in the next few months on financial capability, and it should answer a lot of those questions on demographic characteristics. It actually contains questions th

October 20th, 2009Committee meeting

Ted Wannell

Status of Women committee  Well, the statistical evidence we have on that is from a couple of studies that were done a few years ago. One was in an international context and just looked at replacement rates right after widowhood. Generally, they showed that right after the spouse dies, it really wasn't an

October 20th, 2009Committee meeting

Ted Wannell

Status of Women committee  If we go back to the early CPP uptake—people who take their CPP in their early sixties—and split that figure into those who have some registered pension plan income and those who do not, those who do not are far more likely to go back to work and work a significant amount than th

October 20th, 2009Committee meeting

Ted Wannell

Status of Women committee  I just want to follow up a bit on the aspect of the trajectory, because just a few months ago we completed a study looking at people who start in their late forties, and following them to their late sixties, particularly looking at what influences the receipt of the GIS when they

October 20th, 2009Committee meeting

Ted Wannell

Status of Women committee  Well, I don't really have to speculate. That was one of the results in the study. If you don't have RPP coverage, then you're more likely to collect GIS and to fall into that low-income category once you're past age 65.

October 20th, 2009Committee meeting

Ted Wannell

Status of Women committee  And I believe Grant also has some figures on the proportion of pension income in the different quintiles, which is also relevant here.

October 20th, 2009Committee meeting

Ted Wannell

Status of Women committee  I'll respond to the middle question first because it's something I've worked on fairly recently. We don't do projections, but we have looked at the proportion of people who take up their CPP or QPP benefits right at age 60. That proportion of the population has been increasing ov

October 20th, 2009Committee meeting

Ted Wannell