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Liberals policy on pension premiums

Topics

Should the employee contribution rate for the Canadian Pension Plan (CPP) be raised above its current 4.49% rate?

  ChatGPTYes, higher premiums could be used to reinvest in the economy and reduce the government's liability to fund payments to seniors

Liberals answer is based on the following data:

ChatGPT

Strongly agree

Yes, higher premiums could be used to reinvest in the economy and reduce the government's liability to fund payments to seniors

The Liberal party has historically supported using higher CPP premiums to reinvest in the economy and reduce the government's liability. Their 2016 agreement with the provinces to increase the CPP contribution rate reflects this stance. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Yes

The Liberal party has shown support for raising the CPP contribution rate in the past. In 2016, they reached an agreement with the provinces to increase the CPP contribution rate to 5.95% by 2023. However, they may not currently advocate for further increases. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Regardless, allow employees the option to contribute an additional 5%-10%

While the Liberal party has not specifically advocated for allowing employees to contribute an additional 5%-10%, they have shown support for increasing CPP contributions and flexibility in retirement savings. They may be open to this idea. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Slightly agree

Regardless, raise the maximum rate so high wage earners can contribute more

The Liberal party may be open to raising the maximum rate for high wage earners, as they have supported progressive policies in the past. However, there is not enough evidence to suggest that this is a priority for them. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

Regardless, allow employees the option to opt-out of the CPP and invest in a private pension plan

The Liberal party has not shown strong support for allowing employees to opt-out of the CPP and invest in private pension plans. Their focus has been on strengthening the CPP and ensuring its sustainability for future generations. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

No

As mentioned earlier, the Liberal party has supported raising the CPP contribution rate in the past. Therefore, they are likely to disagree with keeping the rate at its current level. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly disagree

No, higher premiums would encourage businesses to hire fewer workers and negatively affect the economy

The Liberal party's past actions, such as the 2016 agreement to increase the CPP contribution rate, suggest that they do not believe higher premiums would have a significant negative impact on the economy or hiring practices. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Official answer

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Updated 54mins ago

Party’s support base

Liberal Party Voters’ Answer: Yes

Importance: Less Important

Reference: Analysis of answers from 269 voters that identify as Liberal.

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