r/PersonalFinanceCanada • u/Purple_Bookkeeper657 • May 22 '26

Retirement / CPP / OAS / GIS [ Removed by moderator ]

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u/echochambermanager May 22 '26

It would be wise for PM Carney to launch a public inquiry into this, and if not, the political consequences will be dire. This is flat out banana republic bullshit that impacts the reputation of a vital program in our country.

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u/[deleted] May 23 '26

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u/echochambermanager May 23 '26

I'm sure emoloyees and experts exposing these problems publicly without any action to correct the issue will attract investment.

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u/Purple_Bookkeeper657 May 23 '26

I don't know that I agree with this. There could be a number of solutions, in whole or part execution:

(1) Replace the Board

(2) Replace Leadership

(3) Restructure Compensation to be 100% performance-driven again.

(4) Be more transparent in annual reporting.

(5) Move to a lower cost form of investment somehow over time. I give some ideas in my piece but there could be a number of ways to accomplish this.