Pension Reform in Canada 'Truly Historic': UBC's Milligan

Pension Reform in Canada 'Truly Historic': UBC's Milligan

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the challenges and achievements of the CPP amendment, highlighting the expanded coverage for middle earners who lack workplace pensions. It addresses concerns about job impacts due to premium increases, arguing that these are overblown. Criticisms of the reform's broad scope are noted, particularly regarding low-income earners and the Guaranteed Income Supplement. The video also covers the impact on Ontario's ORPP, emphasizing the benefits of a national plan like the CPP over regional plans.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the main concerns regarding the proposed CPP amendment as discussed in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the proposed CPP amendment aim to help middle earning workers?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What criticism did the Quebec Finance Minister have regarding the CPP reform?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

In what way does the CPP expansion improve upon the previous Ontario plan?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What potential impact does the CPP amendment have on employment and businesses according to the text?

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