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Which of the Following Was a Characteristic of the First

Question 1

Multiple Choice

Which of the following was a characteristic of the first Canadian pension program in 1927?


A) The provinces had to pay the full cost of the program.
B) Potential pensioners had to pass a residence requirement and a means test.
C) Pensions were available to people 60 years old and over who chose to pay $20 per year into the program.
D) The program acted to replace the income of retirees without an alternate source of income.

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