Over the next 20 years more than 7 million Canadians will retire
40 per cent of employed Canadians are spending all of—or more than—their net pay.
Sixty per cent of small business owners surveyed by American Express say they’re not on track to save the money they need for retirement.
Trillions of dollars of business value are likely to change hands in the next 10 to 20 years
He also says the government should have new employees contribute to defined contribution pensions
96 per cent of SME owners said retirement-age employees bring more value to table
23 per cent of business owners have delayed their exit dates between one and four years
Estimated $1.9-trillion in business assets to change hands in five years; biggest transfer in history
Retired Canadians hold less debt than those still working, however they are less likely to accelerate repayment
Federal government could draft legislation for registered pooled savings plans by end of year
