The purpose of Canada’s retirement income system is twofold: to alleviate poverty among seniors and to help seniors who are better off to avoid significant declines in living standards when they retire. This HillStudy outlines the different components of the system, who they target, how much they cost and how they are financed. While there is general agreement that the retirement income system is a policy success story, a broader discussion of how well the system is meeting its objectives t...
