Stock news for investors: Fourth-quarter earnings roll in from Canada’s big banks Dec 6th
Stock news for investors: Spinoffs, acquisitions, and market moves Oct 3rd
The best RRSPs in Canada for 2026 + MORE Jan 31st
Canadians fear a tougher road to retirement—and plan to help their kids along the way + MORE Feb 14th
Stock news for investors: Air Canada Q3 profit plunges to as strike weighs on results + MORE Nov 8th
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
Featured RRSP Accounts
featured
EQ Bank
Build your retirement savings with 1.50% interest, tax-deferred contributions and zero fees.
go to site
featured
Registered GIC rate
Earn a guaranteed 3.00% in your RRSP when you lock in for 1 year.
go to site
Best RRSP rates
See our ranking of the best RRSP accounts and rates available in Canada.
read now
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada…
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…
