2024 - Benefits and Services For Seniors in Canada
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- čas přidán 6. 08. 2024
- Here we are in 2024 and many of us are looking forward to enjoying another year in retirement. But it’s not always easy to do it alone…and we don’t have to. There’s quite a lot of support available to us senior citizens in Canada. The problem for many folks is finding that information. So, In this video, I hope to shed some light on the benefits and services for seniors in Canada that can help provide us with a comfortable retirement and minimize retirement regrets.
We'll talk about the Canada Pension Plan (CPP), Old Age Security (OAS), Guaranteed Income Supplement, Disability Pension Benefit and much more
Programs and services for seniors. canada.ca/seniors Retirement Hub. retraite-retirement.service.c... Benefits. www.canada.ca/en/services/ben... Benefits Finder on Federal Website. www.canada.ca/en/services/ben... Advocate of BC. www.seniorsadvocatebc.ca/BC Government Website For Seniors Support - www2.gov.bc.ca/gov/content/fa... BC Palliative Care Benefits Program - www2.gov.bc.ca/gov/content/he... BC Homeowner Grant - www2.gov.bc.ca/gov/content/ta...
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CPP and OAS should not be taxable. This makes no sense to pay a benefit then be taxed on it. The goverment needs to greatly simplify this nonsense.
Great question, Kevin.I've always wondered about that as well. Perhaps because CPP is something we paid into it's treated like any other investment? OAS on the other hand is a straight benefit as you pointed out.
This must be a rich senior
Not sure what you mean. What, or who, must be a "rich senior."
I am an elderly female of 77 yrs. Living in my own. Heatig oil went from 1000 a fill to 1500. I do no qualify under farm rates and so why not. elderly?
An excellent question to send off to your MP, Marilyn. I agree that seniors should be getting more breaks.
that true ,if You are Madam not rich or not have $ 100 000 on banking account You are not qualify ,poor people look like a me and wife ,Daughter we don't get anything we have hardship life but Government don't care and help for rich people ,we claim every years tax form but we have only below $30 000 a year for 3 people included pay for all bills so why we don't qualify for more than $100
Which age deserve for serious benefits?
Not sure what you mean by "serious benefits" but each benefit from either federal or provincial governments has its own eligibility criteria so one has to do a bit of research for them.
I know a lady never worked in Canada was sponsored by her daughter and just lived for ten years and getting 1800$ per month pension. I wonder how pension is calculated, I know a person worked in Canada for 14 years getting 1200 around low income sometimes no income. What is formula to calculate pension old age/GIS and CPP Is there an easy method to calculate. Why they don't make a table starting from 10 years to 40 years serving and contribution. I could not understand sorry for that
Good questions. I suggest you contact a financial expert to get these questions answered. And I'm no expert.
Do the new Immigrants under PGP get any benefits as senior citizens.
This is not a question that I'm qualified to answer. I suggest you contact Service Canada.
@@8thdecade All our children are Canadian citizens. Me aged 66 and my wife coming with PR under PGP. I am really worried of being at home doing nothing. May cause depression. I have a Canadian G2 licence. Would you please advise me if I can do some job
@@Outspoken684 As I said, I'm not a qualified expert but I'd suggest you contact Immigration, Refugees and Citizenship Canada on this question. Starting at your local Service Canada office may be also be a good start.
@@8thdecade ❤️Thank you
Why would the government give us money them.take it back in taxes
Indeed. It does seem rather odd.
Love your hat dude. Black is not your colour.
Thanks for the fashion advice, Bill. LOL. Have a wonderful day. 😁
@@8thdecade Your hat is great. Nothing wrong with the colour 🙂
It is a nonsense to make CPP and OAS a taxable income !!!!!! As a CPP benefit I am collecting 577 $ every month and have to pay tax on it !!!! Does it really make sense ????? As for OAS benefit, I have been living in Canada since the year 2000 and have started to collect a meagre 413 $ per month and have also to pay tax on it !!!!!!! WTF is wrong with Canada ??? Think about of surviving on a monthly taxable total income of $ 990 !!!!!! I really regret having worked so hard to earn this in my old age !!! At least those who have not worked hard get at least a GIS (guaranteed ) income supplement as a bonus, which I don't get !!!! OAS and CPP as well as GIS shouldn't be taxable income !!! It is like our GOVERNMENT want us (SENIORS) to horribly die of hunger and misery !!!! Hope Conservative PIERRE POILIEVRE ABOLISH TAXES ON THOSE BENEFITS FOR SENIORS !!!!
@@eugenemukama1794 It is indeed frustrating. I wouldn't hold my breath expecting a change of govt to do anything different. Have you asked your MP about this?