While CPP/QPP retirement benefits are taxable, they are sheltered from inflation and guaranteed for the rest of your life. You can receive CPP/QPP benefits as early as age 60, or as late as age 70. What you can expect to receive from CPP/QPP is a bit complex, and the quick answer ...
Child-rearing provision: If you stopped working or received lower earnings to raise your children, this provision may increase your CPP benefits. The QPP orphan's pension may go to a minor biological or adopted child, until the child turns 18, in the event of the death of the parent or ...
A contractor can be someone who is self-employed or who does work for a client but is employed by an agency. According to HMRC, a person is considered self-employed if “they run their business for themselves and take responsibility for its success or failure.” When someone is self-employ...
Meanwhile, since the mid 1990s, the federal government and most provincial governments made meaningful steps to reduce the country's total debt burden. Also contribut- ing to the country's fiscal stability are the key reforms to the Canada and Quebec Pension Plans (CPP & QPP) which have ...