Debate over pension reform continues

Business says employers can’t risk guaranteeing pensions, unions push for more contributions to CPP by employers without pensions

Like about 11 million other Canadian workers, Peter Hazlett does not have a formal workplace pension. Instead, the product manager at a small software firm in Richmond Hill, Ont., contributes to a group retirement savings plan his company matches dollar for dollar. He also has a separate family savings plan and has paid into the Canada Pension Plan (CPP) throughout his working life.

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