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2025-09-30 0
Too late unfortunately, canada will be soon out of G7 and become 3rd world within a decade or so
2024-01-01 0
And no one informs them how the pension plan works. To explain with simple numbers, let's say you worked in Canada for 20 years. You will receive the maximum CPP about $1200 per month only if you worked in Canada for 40 years. If you retired with only 20 years CPP contribution your pension will be $1200 x 20/40 = $600. Unfortunately to survive in Canada you will have to have saved at least 500000, yes half a million of today's money. Good lack with that with the crazy cost of living if you rent a home. Conclusion, save some money and leave before is too late.
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