NDP leader Tom Mulcair took his campaign to downtown Toronto today to announce that he would boost an old-age benefit.
The quarterly benefit amounts for Old Age Security (OAS) for July to September 2015 have been announced by Employment and Social Development Canada.
The Canada Revenue Agency (CRA) says the $10,000 TFSA contribution limit is effective immediately, but there’s some concern a new government could make the extra contribution room disappear.
Enhanced CPP isn't the only way to solve the retirement crisis.
The benefit rates for the Canada Pension Plan are increasing next year, says Employment and Social Development Canada.
While attending last week’s Pension Policy Forum in Toronto, it became clear that the focus of pension reform in this country has gradually been shifting.
Old age security (OAS) benefits, which consist of the basic OAS pension, the Guaranteed Income Supplement (GIS) and the Allowances, will increase by 0.9% for October to December 2014.
The number of old age security beneficiaries is expected to increase by 60% within the next two decades, according to a report.
CARP is calling on the federal government to fight seniors’ poverty by eliminating mandatory minimum withdrawals from RRIFs, relaxing GIS rules and introducing measures to counteract the OAS changes for the most needy.
The quarterly benefit amounts for old age security for July to September 2014 will be 1.3% higher.