Strengthening the Canada Pension Plan

All Canadians deserve a secure and dignified retirement after a lifetime of hard work, but today, many Canadians are worried that they won’t have enough money to retire. For the first time in 20 years and through the leadership of our Government, Canada has reached an agreement to improve retirement security for Canadians, by strengthening the Canada Pension Plan (CPP). Starting in 2019, the strengthened CPP will give up to $7000 more per year to retirees – an up to 50% increase.

Our Government is committed to helping Canadians achieve their goal of a safe, secure and dignified retirement. Learn more about the strengthened CPP here.

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