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Canada: pension system changes in 2024 for average workers

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Canada: pension system changes in 2024 for average workers

Under this policy, Canadian employers match the retirement income of their workers. (Photo: 123RF) Starting Monday, middle-income earners will begin to see more of their paychecks go toward Canada Pension Plan (CPP) contributions. Pension revisions began in 2019 as the Quebec Pension Plan (QPP) and CPP began to phase in expanded benefits to provide Canadians … Read more

The “continuity deal” between Canada and the U.K. after Brexit ends on Sunday

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The "continuity deal" between Canada and the U.K. after Brexit ends on Sunday

On Dec. 31, an interim deal will expire that sees Ottawa offer London a special quota of English cheeses that can be imported into Canada at low tariffs. (Photo: The Canadian Press) English cheeses will soon be hard to find in Canadian supermarkets as the two countries still try to negotiate fair trade terms after … Read more