In June 2016, the Minister of Finance announced an agreement in principle with the provinces that would “strengthen the Canada Pension Plan (CPP) for future generations.” These proposed changes be… [more]
If you left a company with a pension before retirement, chances are you had to move the money into a Locked in Retirement Account (LIRA). That's because both the federal and provincial governments do … [more]
Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver. - Ayn Rand
Recently, I read a great article by Rob Carrick in the Globe and Mail. It raised some… [more]
Retirement income planning for Canadian non-resident expatriates can be difficult. Let's consider some of the implications of receiving CPP/QPP, OAS, RRSP and pension income in retirement.
If you have a defined benefit pension plan at work consider yourself lucky. Less than one-third of employees in the private sector have a workplace pension plan. In you decide to stay with your employ… [more]