Why the Canada Pension Plan Is a Ponzi Scheme

Underfunding, Mismanagement Have Created a Pay-as-You-Go Welfare Program

Apr 27, 2024

∙ Paid

The following is an abridgement of chapter 4 in the recently published book Financial Sovereignty for Canadians (March 2024), authored by Fergus Hodgson. It is published here with the author’s kind permission.

There is a silver lining to Alberta Premier Danielle Smith's pursuit of a provincial pension system. Alberta's potential departure from the Canad…

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A guest post by

Fergus Hodgson, CAIA

Director of Econ Americas; author of "The Latin America Red Pill" and "Financial Sovereignty for Canadians"; MBA in finance, Rice University; BA in economics, Boston University; NASAA Series 65; CAIA.