Majority sees need for CPP expansion

| Filed under: National

Majority sees need for CPP expansion

One half sees government plan as an election ploy

TORONTO June 5th, 2015 - In a random sampling of public opinion taken by the Forum Poll™ among 1156 Canadian voters, the majority, close to 6-in-10, agree that Canada Pension Plan contributions should be increased so benefits can be increased (59%), while just one quarter disagree with this position (25%). One sixth have no opinion (16%). Even among Conservatives, whose party has resisted this, one half sees the need to increase contributions and benefits (50%) while just more than a third disagree (36%). Meanwhile, the idea is especially popular with Liberals (65%).


Mixed reaction to government proposal on CPP

When voters are asked if they approve of the federal government’s proposal for a voluntary CPP expansion, with no employer contributions, fewer than half approve (45%), and just fewer disapprove (39%). Conservatives are not that enthusiastic about the plan (just 6-in-10 approve - 61%), while New Democrats are especially likely to disapprove (47%).


One half see CPP proposal as election fodder

One half of voters characterize the government’s voluntary CPP plan as “an election ploy” (47%), while 3-in-10 see it as a genuine attempt to help Canadians save for retirement (31%). One sixth think it’s something else (14%) and half this proportion don’t know (7%). More than one half of Conservatives think it is a genuine attempt to help (55%), while very few Liberals (28%) or New Democrats (16%) do.


"There appears to be strong consensus that CPP needs to be increased, and that includes increasing contributions. Half again as many think this as think the government’s voluntary CPP plan will help, so there is a gap between intention and execution that hasn’t been resolved," said Forum Research President, Dr. Lorne Bozinoff.

Lorne Bozinoff, Ph.D. is the president and founder of Forum Research. He can be reached at lbozinoff@forumresearch.com or at (416) 960-9603.