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The Ontario provincial flag flies over Queen’s Park in Toronto.
The Ontario provincial flag flies over Queen’s Park in Toronto.
(Deborah Baic/The Globe and Mail)

How Rob Carrick would construct Ontario’s new pension plan

The Liberal win in the recent Ontario election campaign means the province’s new retirement pension plan is a go. If anyone in the province’s finance ministry is looking for any investing ideas, I have a few.

While the country’s big boy pension plans focus increasingly on non-traditional investments like private companies, bridges, toll roads and tunnels, I suggest something a lot simpler. Three exchange-traded funds will do us just fine.