Many countries will consider withdrawals from your RRSP/RRIF to be “foreign pension income” which may mean favourable tax treatment. It will be worth checking with an expat tax specialist once in your new country. If you take the minimum RRIF withdrawal, then no withholding tax will be autom...
Don’t worry, the PIER is just a simple review process. It’s there to understand why there could be differences between the Canada Pension Plan (CPP) contributions or Employment Insurance (EI) premiums expected by Canada Revenue Agency (CRA) compared to what was submitted from the year-endT...
2.2. Combined Medical Care and Pension Services in the Community For the middle-aged and elderly, healthcare is provided by combined community medical care and pension services [29], which affects the use of PHC services; however, to a certain extent, it also alleviates the difficulty in seein...