Status of Women committee  At the very outset of the Canada Pension Plan, it was agreed that the contribution rate would not be enough. Around the year 2000, there was a consensus that the rate should be increased, even though in 1966, the thinking on the birth rate, in particular, was quite positive. In t

Status of Women committee  These people navigated the global financial storm very well in 2008. The return in one calendar year was -14%. That is not a return to be proud of, however stock market indices went down all over the world. There was a global financial collapse and stock market indices went down

Status of Women committee  If I may, if I present this information by age group, the picture will be completely different. The ratio I alluded to was the ratio for the age group 18 to 69. That is the contributory period for the Canada Pension Plan. If I look at younger workers, the 85%, and in some cases e

Status of Women committee  Good afternoon Madam Chair, honourable members of the committee. Thank you for the opportunity to appear before you today to address the issues related to women's retirement income security. The primary role of the OCA is to provide actuarial services to the federal and provinci