Canada’s Old Age Security (OAS) is a benefit paid to seniors. Enrollment is often automatic, and the amount you receive depends on age, income and how long you lived in Canada as an adult. Sandra MacGregor How Direct Deposit Works and How to Set It Up in Canada Direct deposit is ...
The OpenAPI Specification (OAS) is a standardized format for defining and describing RESTful APIs. It provides a language-agnostic way to outline the structure, endpoints, request and response formats, parameters, authentication methods, and other aspects of an API. When you specify the OpenAPI fi...
Explore the different types of online and offline scams to keep yourself and your business safe. Learn about how they work and what to look for.
Some products let you access your entire mortgage amount upfront; others combine an initial lump-sum payment with smaller withdrawals that can either be scheduled or made at your discretion. What is the CHIP Reverse Mortgage? The CHIP Reverse Mortgage is Canada’s oldest and most widely-used ...
An option-adjusted spread, also referred to as OAS, is a measure used to determine the value of embedded options on the market. It is the difference between the price of a security with embedded options and the price of the same security without options. The option-adjusted spread is consid...
Understand Canada’s banking and financial environment and make financial decisions that are right for you.
How does my age affect the amount of my payout? Will continuing to work affect my payments? What happens if I'm divorced or widowed? For answers to these questions and more, download our helpful guide. Get the Guide Top Retirement Income FAQs When should I take my CPP/QPP and OAS?
The argument for this system is that families that make the same overall income should pay the same amount of tax – regardless of how much income a single family member earns. The larger the gap is between earners in a family (and again, we’re generally talking about spouses here) the...
Here is a little more info on dividend investing: Top 22 dividend growth stocks in Canada How to build a dividend growth portfolio My favorite discount brokers Knowing when to buy dividend stocks Using Horizon’s ETFs For ultimate tax efficiency for the non-registered Canadian equity allocation, ...
OAS provides benefits to eligible citizens who have reached age 65. Complex rules determine the amount of the pension payment but an individual who has lived in Canada for 40 years after turning 18 is typically qualified to receive the full payment as of October through December 2023. The full...