Retirement

Using the senior discounts available in Ontario is a great starting point to reduce everyday expenses. Many establishments will give you up to 25% OFF if you’re 55 and older. …

The Old Age Security (OAS) pension starts at 65. While there were plans by Harper’s Conservative government to increase the eligibility age from 65 to 67 starting in 2023, this …

The TFSA, or Tax-Free Savings Account, is a Canadian investment account introduced in 2009. As its name suggests, any dividends, capital gains, or interest earned are tax-free. Originally, the TFSA …

One question I have gotten from readers is whether you can qualify for Canada Pension Plan (CPP) benefits if you have never worked in Canada. In general, the answer is …

The RRSP, or Registered Retirement Savings Plan, has been a staple in the Canadian financial industry since its introduction in 1957. Even with the introduction of the TFSA in 2009, …

When a CPP contributor dies, the surviving spouse or common-law partner receives a CPP survivor’s pension that varies based on their age. Their dependent children get a CPP children’s benefit, …

Guaranteed Income Supplement (GIS) payments are provided to eligible low-income seniors who receive the Old Age Security (OAS) pension. This monthly benefit is tax-free and starts at age 65. There …

Canadian seniors can access various benefits, including the Old Age Security (OAS), Canada Pension Plan (CPP), and Guaranteed Income Supplement (GIC). The standard age to qualify for these senior benefits …

While Canada is an amazing place to live, every Canadian knows that the winters can be harsh. That’s why some people choose to leave Canada for the winter and make …