Bigger Payouts, Higher Contributions – What the CPP 2.0 Pension Overhaul Means for Canadians
The Government of Canada has announced a major upgrade to the national pension system, widely referred to as CPP 2.0, which officially took effect on January 1, 2025. These reforms are designed to boost retirement income, strengthen survivor protections, and improve disability support for Canadians. The changes focus on higher contribution rates, expanded income thresholds, … Read more