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The Canada (And Quebec) Pension Plans (CPP and QPP) Operate

Question 49

Multiple Choice

The Canada (and Quebec) Pension Plans (CPP and QPP) operate whereby


A) the federal and provincial governments allow income- tax deductions for contributions made to special retirement funds.
B) Canadians contribute during their working years and then receive payments when they are retired.
C) eligible unemployed workers are paid while searching for new employment.
D) the federal government transfers funds to provincial governments.
E) any unemployed worker is paid while searching for employment.

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