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A Tax Credit That Could Help 10 Million Canadians Save for Retirement at Work

Published 3 months, 1 week ago
Description

Nearly 10 million Canadians have no access to a workplace retirement plan and the problem is most severe at small and mid-sized employers. Alex Mazer, co-founder and CEO of Commonwealth, joins Bruce to make the case for a Small Employer Retirement Plan Tax Credit: a federal incentive that could reduce the cost of setting up a group retirement plan by roughly 40% over three years, including up to $1,000 per employee in matching contribution credits. It's a policy proposal that could help close Canada's retirement savings gap and it may just appeal to politicians across the spectrum.

Find out more at commonwealthretirement.com and connect on LinkedIn.

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