The proposed CPP tax hike is bad for Canada’s young people

Today I met with youth from across Canada. They told me they can’t afford to lose $100 to $200 of their paycheque every month. When asked what they would be forced to give up, many said they would have to pay less on their student loans, have difficulty paying rent and would be forced to buy cheaper food to eat.

The government is saying they’re bringing in this policy to benefit young people – but that’s not what I heard today.

Overwhelmingly these young people are fed up with government making decisions that costs them money for benefits they have little confidence they will actually receive – particularly with large government deficits and an aging population that will significantly drive up the cost of government programs like healthcare, old age security and the CPP. 

Most were actually insulted the government thinks it knows how to spend their hard earned money better than they do.