There are plenty of retirement plan options in Canada! Stay on top of the best plans right here.
Latest News
Are Canadians Getting the Most From Their Retirement System? + MORE Sep 17th
Depending on where you live and work, the answer to this question will vary. In addition to potentially having a workplace pension plan, Canadians have private options such as RRSPs and TFSAs, as well as several government products to navigate such as CPP, OAS and GIS. Depending on which province yo.... More »
Financial hardship withdrawal exceptions and increasing income in retirement + MORE Apr 4th
Ask MoneySense
I am in B.C., Canada. I moved my LIRA into a LIF two years ago. I have taken the maximum annual withdrawals for each year. I thought it’d be smart to start taking it. How can I get more out of it? I need the funds to help deal with bill payments. All my monthly i.... More »
What it’s like to work with a financial advisor + MORE Apr 6th
If you’re like many Canadians, you’re probably weighing working with a financial advisor. Maybe you’ve just gotten married, started a business, expanded your family or come into an inheritance, or you’re planning your financial future as you approach retirement.
A financial advisor can be.... More »
Should you collect CPP and OAS while working in your 60s? Dec 7th
I have lived in Canada for 24 years and I’m 65 years old now. I am still working at a company making a $78,000 salary. Since my health condition is OK, I am going to continue to work for two to four years. My question is: In my situation, it is better for me to apply for OAS and CPP now or delay t.... More »
What is the CPP Survivor’s Pension? How can Canadians claim this benefit? + MORE Feb 15th
Ask MoneySense
My wife passed away, and I heard about the survivor’s pension. Can you tell me more about this benefit and how to receive it?—Kevin
What is the CPP Survivor’s Pension?
Thanks for your email, Kevin. Losing a spouse or common-law partner is one of the most challenging e.... More »
Bombardier names Pratt & Whitney Canada executive as new CFO
– theglobeandmail.com
John Di Bert has been named chief financial officer, replacing Pierre Alary, who announced his retirement in April
The easy way for students to invest in stocks
– moneysense.ca
Students can earn more than just pocket money.
There are several companies that offer Employee Stock Purchasing Plans (ESPPs)—along with other benefits—to part-time workers. That’s right, employees don’t always have to be full-time or salaried to be offered stock options.
Starbucks, Best Buy and Lowe’s are just a few of the companies that let teens become shareholders, whether they make lattes or stock shelves.
“These are all companies where you’d love to have those kinds of stocks in your portfolio. And for a young student, they can’t go out and find a stock broker or [don’t] have enough volume to trade on their own discount brokerage account,” says Scott Anderson, an employee benefits consultant with HUB International STRATA Benefits Consulting.
“So for them to be able to buy in small increments is a real advantage to them. And owning any individual stocks in your savings…it’s not a bad plan.”
Am I saving enough for retirement? »
There are several companies that offer Employee Stock Purchasing Plans (ESPPs)—along with other benefits—to part-time workers. That’s right, employees don’t always have to be full-time or salaried to be offered stock options.
Starbucks, Best Buy and Lowe’s are just a few of the companies that let teens become shareholders, whether they make lattes or stock shelves.
“These are all companies where you’d love to have those kinds of stocks in your portfolio. And for a young student, they can’t go out and find a stock broker or [don’t] have enough volume to trade on their own discount brokerage account,” says Scott Anderson, an employee benefits consultant with HUB International STRATA Benefits Consulting.
“So for them to be able to buy in small increments is a real advantage to them. And owning any individual stocks in your savings…it’s not a bad plan.”
Am I saving enough for retirement? »
Starbucks Canada has been known to offer their employees many benefits depending on how many hours they work…
