Comments on: Canada Pension Plan: Good for another 75 years… http://wheredoesallmymoneygo.com/canada-pension-plan-good-for-another-75-years/ A personal finance blog written by Preet Banerjee Tue, 22 May 2012 02:17:21 +0000 hourly 1 http://wordpress.org/?v=3.1.2 By: Preet http://wheredoesallmymoneygo.com/canada-pension-plan-good-for-another-75-years/#comment-114 Preet Wed, 31 Oct 2007 20:45:57 +0000 http://symbiantcapital.com/2007/10/30/canada-pension-plan-good-for-another-75-years/#comment-114 <p>Yes, I think you're right. Perhaps some people are extrapolating the American problems across the border... </p><p>The Americans certainly seem to have their work cut out for them don't they?</p><p>While I think the CPP viability is fundamentally sound due to the mechanics of the plan, certainly it has been bolstered by our economic prosperity of late.</p><p>Slightly off-topic: I heard yesterday that a $10 swing in oil prices equates to about 3 cents for our dollar - I have yet to back test that myself, but certainly the premise is not new. I also heard from on Oil CEO that we are on the hump of "peak oil". With oil accounting for a significant chunk of our loonie, what are the forward prospects of being on the downward slope from peak oil this decade? Hmmm.... enquiring minds want to know! :)</p> Yes, I think you’re right. Perhaps some people are extrapolating the American problems across the border…

The Americans certainly seem to have their work cut out for them don’t they?

While I think the CPP viability is fundamentally sound due to the mechanics of the plan, certainly it has been bolstered by our economic prosperity of late.

Slightly off-topic: I heard yesterday that a $10 swing in oil prices equates to about 3 cents for our dollar – I have yet to back test that myself, but certainly the premise is not new. I also heard from on Oil CEO that we are on the hump of "peak oil". With oil accounting for a significant chunk of our loonie, what are the forward prospects of being on the downward slope from peak oil this decade? Hmmm…. enquiring minds want to know! :)

]]> By: FourPillars http://wheredoesallmymoneygo.com/canada-pension-plan-good-for-another-75-years/#comment-113 FourPillars Wed, 31 Oct 2007 18:50:38 +0000 http://symbiantcapital.com/2007/10/30/canada-pension-plan-good-for-another-75-years/#comment-113 <p>I think the fear that cpp will disappear comes from the US news where apparently social security is not on as good a footing as cpp. It also comes from the various "investment" companies.</p><p>Mike</p> I think the fear that cpp will disappear comes from the US news where apparently social security is not on as good a footing as cpp. It also comes from the various "investment" companies.

Mike

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