I predict a 7-8% increase in the dividend for 2025. The bank’s extremely low payout ratio of 40% makes this dividend king a very safe bet to continue to reward dividend-conscious investors. Canadian banks should continue to benefit from the growing interest rate spreads, and their...
CPPbenefits can be received as early as age 60, but the payment will be reduced by 0.6% each month before age 65. Conversely, there is a 0.7% increase for each month theCPPpayment is deferred beyond age 65, up to a maximum 42% increase at age 70. ...
Old age security (OAS)threshold is $93,454. Your OAS will be reduced if taxable income exceeds this threshold. It is fully recovered (claw backed) at $151,668. *For individuals whose net income is greater than the amount at which the 29% tax bracket begins, the increase in the basic ...
Andrew will fill us in on several first-person stories of getting medical care abroad, and detail why you probably don’t need to feel trapped in Canada due to medical considerations. We talk about getting your CPP and OAS abroad, and a few other day-to-day logistical considerations when d...