Quote:
Originally Posted by whatnext
If we are as direly short of workers as Justin keeps bleating then why would we incent people to retire at age 60? Age 65 was set up retirement age decades ago when the life expectancy was a lot shorter.
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(1) Regular retirement age is at 65. Taking out CPP at 60 comes with heavy penalties.
(2) Did JT say Canada is short workers across the board in every industry, in every province?
(3) CPP began in 1966 when Canada's life expectancy was 72. Today's life expectancy is 82 and change. Let's say we push up the retirement age by the life expectancy inflation. Regular retirement age is anywhere from 70 to 75 (technically it should be 75 if we go by your theory). Do we do this insane exercise again when the life expectancy is 92?
Just because we live longer, it doesn't mean we are no longer showing signs of ageing lmao. We just have better healthcare, so we die less from diseases like cancer and heart attacks etc.