Why a tax credit could be the key to closing Canada’s retirement coverage gap

A Small Employer Retirement Plan Tax Credit is a policy idea that helps small business, builds middle-class wealth, and helps take pressure off future government spending.
The persistent gap in private workplace coverage, particularly among employees of smaller businesses, is our retirement system’s most significant weakness, write Keith Ambachtsheer and Alex Mazer.

More than nine million Canadian employees lack access to a workplace retirement plan. Many of these workers are likely to reach retirement age with inadequate savings, facing a decline in how they live just when they’re most vulnerable. Others will delay retirement, remain...

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