What is the primary purpose of the Canada Pension Plan (CPP)?

The primary purpose of the Canada Pension Plan (CPP) is indeed to provide retirement, disability, and survivor benefits. This national program is designed to offer Canadians a form of financial support when they retire, become disabled, or in the event of their death, to assist their dependents. The benefits are intended to replace a portion of a worker's earnings, promoting financial stability and security in these pivotal life moments.

The CPP is funded through mandatory contributions from both employees and employers; this collaborative funding structure ensures that the program remains sustainable and effective for all Canadians. Its comprehensive approach to supporting individuals at different stages in life, whether they are retiring or facing unexpected hardships due to disability or loss, solidifies its role as a crucial component of the Canadian social safety net.

Other choices highlight different social policies or assistance programs, which do not align with the primary objectives of the CPP. For instance, funding post-secondary education or subsidizing housing supports specific sectors but is outside the scope of what the CPP was established to achieve.