No, the CRA doesn’t send or receive payments using e-Transfers. Any email or text message claiming to be from the CRA asking for payment or offering a refund is a scam. Ignore and delete it, and don’t click on links or attachments.
The Canada Pension Plan (CPP) provides a basic guaranteed monthly pension amount based on working Canadians’ contributions to the plan until retirement. Anyone who makes at least one valid contribution during their lifetime is eligible to receive benefits. Quebec residents have a similar program, called the QPP, that’s also changing to reflect CP changes.
People usually associate retirement with old age. For many older Canadians, the Canadian dream involves landing a good job with health and retirement benefits and working hard until you’re 65. In this scenario, retirees get to spend the autumn years of their lives travelling the world and pursuing their favourite hobbies.