OAS payment dates in 2025, and more to know about Old Age Security + MORE Apr 2nd

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Canadian expat tax guide: “If I work abroad, where do I pay taxes?”—and other questions answered

– moneysense.ca

Figuring out where and how to pay taxes as an expat from Canada is just one of many things you must do if you move abroad for work. Statistics Canada estimates that 4 million working, retired and studying Canadians live outside of Canada. But before packing your bags, make sure you do some proactive financial and tax planning by consulting experts who can guide you.

Do I pay taxes in Canada if I move abroad?

Well, that depends. Brenda Hiscock, a certified financial planner with Objective Financial Partners in Markham, Ont., helps her clients understand what they need to do financially in Canada before leaving the country.

One of the first steps: Determine your tax residency either with the help of a professional accountant or by filing an NR73 with the Canada Revenue Agency (CRA). Absences of less than six months typically do not affect residency. “If you’re planning on leaving Canada with an indefinite return day for any longer than six months, you should strongly consider working with an expert to figure out what type of tax reporting is required and whether you meet the criteria to be a non-resident,” says Hiscock…

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OAS payment dates in 2025, and more to know about Old Age Security

– moneysense.ca

If you’re approaching or planning for retirement, you may have questions about Old Age Security (OAS) benefits, like: Do I need to apply for OAS? How much will I receive in OAS? When do OAS payments go out? We cover these questions and more below. But first, here’s a quick overview of how OAS works.

About Old Age Security (OAS)

Old Age Security benefits are monthly payments made by the federal government to supplement the income of eligible Canadians age 65 and older. Along with the Canada Pension Plan (CPP) and personal savings, OAS provides financial support for older Canadians. CPP and OAS payments are issued on the same dates.

OAS payment dates for 2025

January 29, 2025

February 26, 2025

March 27, 2025

April 28, 2025

May 28, 2025

June 26, 2025

July 29, 2025

August 27, 2025

September 25, 2025

October 29, 2025

November 26, 2025

December 22, 2025

Where does OAS money come from?

The money that funds the OAS comes from the federal government…

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