The Canada Pension Plan Investment Board (CPPIB), which manages the retirement savings of millions of Canadians, is putting a huge amount of money into technology infrastructure. The organization has announced a C$225 million (US$163 million) investment to help grow a hyperscale data center in Cambridge, Ontario. This move shows how important digital technology and data Continue reading
Pension
New Pension Reforms In Canada- Is 67 The New Retirement Age Instead of 65?
As Canada enters 2025, the conversation surrounding retirement age and pension withdrawal rules has taken center stage. With an aging population, growing financial pressure on pension systems, and longer life expectancy, policymakers are actively discussing raising the retirement age from 65 to 67 by 2030. This article explores what’s driving these proposals, the specific changes being considered, and how Canadians of all Continue reading