2 responses to “Expanding the CPP to Diffuse a Demographic Time Bomb

  1. You identify a very important issue. RRSPs and TFSAs are amazing instruments that should incentivize savings at a very high rate. The problem is that people just don’t think about the future with the rationality that boring economist-types expect them to (boring economist-types would call it “time inconsistent preferences”). As much as I dislike the state making financial decisions for citizens, this is one area where intervention is a good idea.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s