Posts filed under: pension

Download ISP 3050 form Foreign Pension Calculator User Guide The Foreign Pension Calculator is a tool to calculate past and present entitlement to income-tested benefits, under the Old Age Security Act . The tool converts foreign currency income amounts to...
Continue Reading →
Pensioners who are age 75 and over will receive a notification letter from Service Canada pension office notifying them of their entitlement to the permanent 10% increase in their OAS monthly payment. Only pensioners who have passed their 75th birthday...
Continue Reading →
We have learned from a pension call centre agent that Service Canada pension office has a national plan to allow pension applicants to send their application or supporting documents by email. This service is not advertised publicly. To be able...
Continue Reading →
OAS benefit amounts will increase by approximately 1.1% for the July to September 2023 quarter. This increase is based on the general Consumer Price Index (CPI). Maximum OAS amount for this quarter: $698.60 for seniors between ages 65 to 74 ...
Continue Reading →
OAS benefit amounts will increase by approximately 0.5% for the April to June 2023 quarter. This increase is based on the general Consumer Price Index (CPI). Maximum OAS amount for this quarter: $691.00 for seniors between ages 65 to 74 ...
Continue Reading →
New report calls for a publicly funded insurance system, like EI, for long-term care Padraig Moran · CBC Radio · Posted: May 09, 2023 Canadians in their 30s and 40s are figuring out how to support their parents as they retire, but feeling financially...
Continue Reading →
The Government of Canada is committed to negotiating collective agreements that are fair for employees and reasonable for taxpayers. However, bargaining groups representing approximately 159,000 public servants may be in a legal strike position as early as mid-April. These employees...
Continue Reading →
Your Old Age Security (OAS) pension amount is determined by how long you have lived in Canada after the age of 18. It is considered taxable income and is subject to a recovery tax if your individual net annual income is higher...
Continue Reading →
OAS benefit amounts will increase by 0.3% for the January to March 2023 quarter. This increase is based on the general Consumer Price Index (CPI). Maximum OAS amount for this quarter: $687.56 for seniors between ages 65 to 74  $756.32...
Continue Reading →
Choose your clinic A free tax clinic is a place where eligible people can get their tax returns done for free by volunteers. They are hosted by community organizations across Canada through the Community Volunteer Income Tax Program (CVITP) and...
Continue Reading →
OAS benefit amounts will increase by 2.8% for the October to December 2022 quarter. This increase is based on the general Consumer Price Index (CPI). Maximum OAS amount for this quarter: $685.50 for seniors between ages 65 to 74  $754.05...
Continue Reading →
BY JONATHAN CHEVREAU ON AUGUST 24, 2022 The longer you wait to use CPP and OAS, the more you could earn monthly. But with the recent boosts, is it more tempting to use these benefits? One of the perennial chestnuts of personal...
Continue Reading →
News release August 2, 2022             Gatineau, Quebec            Employment and Social Development Canada Employment and Social Development Canada is committed to making it easier for Canadians to find, apply for, and manage federal benefits.   Following a competitive and...
Continue Reading →
A Canada Pension Plan and employment insurance (CPP/EI) ruling is an official decision made by an authorized officer of the Canada Revenue Agency (CRA). The ruling confirms whether a worker is an employee or is self-employed and whether the worker’s...
Continue Reading →
The Government of Canada will start implementing the digital version of the Canadian Citizenship Certificate starting June 27, 2022. The e-certificate is a valid proof of Canadian citizenship. If you have participated in the pilot project and have received an e-certificate, you...
Continue Reading →
OAS benefit amounts will increase by 1% for the April to June 2022 quarter. This increase is based on the general Consumer Price Index (CPI). Maximum OAS amount for this quarter: $648.67 Maximum GIS amount for this quarter: Single, widowed,...
Continue Reading →
Erin Pottie · CBC News · Posted: Jun 14, 2022 This story is part of a series from CBC Cape Breton called The High Cost of Getting By. In the series, reporters examine how the rising cost of daily living is affecting people on...
Continue Reading →
Ukraine immigration measures: Financial assistance The federal government is offering financial assistance to help newly arrived Ukrainian families who are in Canada under the Canada-Ukraine authorization for emergency travel (CUAET). The assistance is a one-time, non-taxable benefit. It’s to take...
Continue Reading →
By Simon Little & John Hua  Global News  Posted May 25, 2022 Backlogs and bottlenecks in passport processing through Service Canada appear to be causing problems for clients seeking other core services through the facilities, such as death benefits or employment insurance. Lower...
Continue Reading →
Miriam Katawazi CTV News Toronto Multi-Platform Writer | May 12, 2022 An Ontario driver who got a $495 ticket is warning people about a rule he says he didn’t know still existed after the province dropped licence plate renewal fees....
Continue Reading →