China plans to raise retirement age. Could it happen in Canada?
China is the latest in a slew of countries planning to gradually raise the statutory retirement age as an aging world population is forcing governments to reform their pension plans. Delaying retirement also “makes sense” and could have “a lot of benefits” in other countries, including Canada as the country grapples with labour shortages and a record low fertility rate, experts say. But could it happen? There is no mandated retirement age in Canada, but the standard age to start receiving public pensions is...
