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.
