Planning for retirement is not just about growing money—it’s about making sure it’s safe when you need it most. In Canada, mutual funds and segregated funds are two of the most common ways pension funds and individual investors build their future wealth. Both pool money from many investors and are professionally managed, but they work Continue reading
Pension
Canada’s $3,555 Widow Pension Launches In 2025 – Eligibility, Benefits, And Payment Details Revealed
The Canadian government is set to roll out the $3,555 Widow Pension in 2025, offering crucial financial relief to surviving spouses. This Survivor’s Pension Program aims to support widows who face financial difficulties after the loss of a partner, providing monthly payments, a one-time death benefit, and additional support for widows raising children. Why the Widow Pension Was Introduced The initiative responds to Continue reading
Canada’s CPP Invests $163 Million in Cambridge Data Center – What It Means for Your Pension in 2025
The Canada Pension Plan Investment Board (CPPIB), which manages the retirement savings of millions of Canadians, is putting a huge amount of money into technology infrastructure. The organization has announced a C$225 million (US$163 million) investment to help grow a hyperscale data center in Cambridge, Ontario. This move shows how important digital technology and data Continue reading
New Pension Reforms In Canada- Is 67 The New Retirement Age Instead of 65?
As Canada enters 2025, the conversation surrounding retirement age and pension withdrawal rules has taken center stage. With an aging population, growing financial pressure on pension systems, and longer life expectancy, policymakers are actively discussing raising the retirement age from 65 to 67 by 2030. This article explores what’s driving these proposals, the specific changes being considered, and how Canadians of all Continue reading