Stock news for investors: Air Canada Q3 profit plunges to as strike weighs on results + MORE Nov 8th
Stock news: Couche-Tard and BlackBerry post gains, Metro flags strike impact Jun 27th
Europe launches a new mission to image Earth's magnetic shield in 2026 while the operational satellite warning of solar storms is a 1995 spacecraft running 28 years past retirement — the gap between discovery science and operational continuity within a sin - Space Daily + MORE May 16th
Stock news for investors: Rogers posts loss, Teck profit surges Jul 25th
Stock news for investors: Retail stocks tumble despite strong earnings + MORE Jun 20th
Stock news for investors: BlackBerry reports Q2 profit growth while Air Canada slashes guidance post-strike
– moneysense.ca
Here’s a round-up of news for Canadian investors this week.
BlackBerry Ltd.
Air Canada
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What is the Canada Pension Plan death benefit?
– moneysense.ca
Your recent article is the first time I have seen reference to a CPP death benefit of $2,500. Can you explain it, please?
—Sam
The primary purpose of the Canada Pension Plan (CPP) is to pay a retirement pension to contributors. Employers as well as employed and self-employed Canadians contribute to the CPP and contributors are entitled to begin a CPP retirement pension as early as age 60.
There are several other programs that CPP contributors and family members are eligible for—including the CPP death benefit, Sam.
A Quebec resident may be entitled to Quebec Pension Plan (QPP) benefits. The CPP and QPP plans have coordination agreements since some Canadians contribute to both plans during their career.
Other CPP/QPP programs
Some of the other CPP/QPP benefits include:
Disability benefits. These benefits are payable to eligible contributors who cannot work due to a disability.
Survivor’s pension. If your spouse or common-law partner dies, you may be eligible to receive a survivor’s pension…
