Financial markets group wants Canadians to hold their RRSPs intact until age 74
The forum is asking Ottawa to treat capital sovereignty as a core component of economic policy and to reform tax, regulatory, and financial‑market rules that impede the formation, retention, and productive deployment of capital in Canada.
Canada is spending heavily on energy, defence capabilities, infrastructure, and strategic industries, said Laura Paglia, president and CEO of CFFiM, in the organization’s announcement of the filing.
Paglia said the country “cannot strengthen its economic sovereignty without strengthening its capacity to finance those ambitions,” and that competitive domestic markets are needed alongside foreign investment.
Public debt charges will climb to $80.9bn in 2030‑31 from $54.0bn in 2025‑26, absorbing 13.2 percent of total revenue rather than 10.6 percent, CFFiM said, citing the government’s Spring Economic Update 2026.
The $54.0bn spent on interest in 2025‑26 roughly matched the $54.7bn transferred to provinces and territories through the Canada Health Transfer.
