Shocker. CPP has always been a pretty crap investment for the average person. Given the stellar returns on some of their investments (eg 407etr) it makes me question wtf happened to have such a crap return to the members (<S&P 500). I haven't cared enough to look into it to see where the money goes (eg siphoned off or invested in (speculated in???) garbage companies at government whim).And in other news....
Why are CPP premiums getting a bigger bump than planned in 2022?
Like last year, contributions are going up again by more than originally planned, and the reason lies with the unique impacts of the COVID-19 pandemic on the labour marketwww.theglobeandmail.com