Canada’s Old Age Security (OAS) Pension

This is meant to provide you with a quick simplified overview of how the program works for most Canadians. For retirement planning purposes, please refer to the official government documentation. In addition to workplace pensions and personal retirement savings, most Canadians will receive income from two public programs in retirement: the Canada Pension Plan (CPP) … Continue reading Canada’s Old Age Security (OAS) Pension

The Real Reason to Own a Home, Aside From Needing a Place to Live

While most Canadians seem to think that housing is the best investment you could make, the main reason to own a home is because you need a place to live. As a pure investment, housing has a lot of undesirable qualities: it's expensive to buy and sell (realtor and legal fees, taxes);its value is tied … Continue reading The Real Reason to Own a Home, Aside From Needing a Place to Live