Canada’s Pension System Performance
A global pension index elevated Canada’s score but highlighted significant opportunities for enhancement, especially in workplace pensions. Despite improvements, the system still shows room for growth.
Mercer CFA Global Institute Pension Index 2025 Results
Canada maintained a grade of B, consistent with last year, while its score increased from 68.4 to 70.4 out of 100. Hubert Tremblay, partner and senior wealth adviser at Mercer Canada, noted the strength of the Canadian pension system lies in its diversified approach.
“One of the main strands of the Canadian pension system is that we have a diversified system with multiple sources of income into retirement.”
Components of the Canadian Pension System
- Canada Pension Plan (CPP)
- Income supplement programs such as Old Age Security (OAS) and the Guaranteed Income Supplement (GIS)
- Workplace private pension plans
- Voluntary savings plans like Registered Retirement Savings Plans (RRSPs) and Tax-Free Savings Accounts (TFSAs)
Assessment
These elements collectively form the basis for Mercer’s evaluation of Canada’s pension system in the global context.
Additional Information
Readers interested in financial updates and market insights can subscribe to relevant newsletters from Postmedia Network Inc.
Canada's pension system is solid yet still needs to strengthen workplace pensions to secure diversified retirement income for future generations.
Would you like the text to be more formal or casual?
more
Financial Post — 2025-10-31
More News
- Disney World guest rescues collapsed man in latest medical emergency
- Charlie's Holdings Announces Opening of US Manufacturing Facility and First Shipments to Texas Customers
- Psychologist reveals five common things parents do that accidentally spark kids' bad behavior
- Cienega Fine Arts Showcase 2025 Highlights
- Fort Bend Commissioner Dexter McCoy joins 2026 county judge race
- Erika Kirk on gun violence being root problem that led to Charlie's murder, ‘I support the…’ | Hindustan Times
- One Of EVE Online's Biggest Alliances Has Collapsed While EVE Player Numbers Surge
- From 2600% gain to 86% wipeout, crypto’s hottest trade collapsed
- Tour news: Rosalía, Taskmaster, Don Letts & Daddy G, De La Soul, LCD Soundsystem, Amyl & The Sniffers, Lily Allen, more
- [Commissioner Dexter McCoy launches bid for Fort Bend County judge, citing need for new leadership]