Canada Pension Cost Of Living Increase 2024

Canada Pension Cost Of Living Increase 2024. The number of pensioners has grown to 24,173, an increase of more than 730%. What’s changed is the maximum pensionable earnings amount for 2024 which is now $68,500.

At the end of each year, the treasury board secretariat provides the national association of federal retirees with information on the pension indexing. The average cost of living for a couple in toronto is $3,326.50.