Old Age Pensions are out of control

Old Age Pensions are out of control

Concerning the 17th Actuarial Report, of the Office of the Superintendent of Financial Institutions (OSFI), there is every reason to believe that the estimated cost of distributing old age pension (OAP) cheque benefits will be $74 B in 2023.  As we progress in time,...
Property Tax Conundrum

Property Tax Conundrum

Imagine two properties side by side, each valued at $500,000.  One of the properties was purchased last year by a middle-aged couple with a combined annual income of $200,000. The other has been owned for 50 years by an 80-year-old couple who bought it in 1973 for...