Every week we share news stories, blog articles and other interesting stuff from around the web that received the most views, shares, comments and overall interest on various KeatsConnelly social media outlets.
Two articles are highlighted this week. The first provides a look at a new important rule some Canadian citizens traveling out of the country should be cognizant of. The second provides a look into some factors determining when to begin drawing governmental retirement benefits.
Ottawa’s new air-travel rule catches dual citizens by surprise (www.thestar.com) – Canadian citizens with dual citizenships will soon be allowed to fly into the country only if they have a Canadian passport. The policy will come into effect Sept. 30 as a final phase of Canada’s move to an electronic screening system to step up border security and boost exit control of travellers, including Canadians on government benefits. The upcoming requirement has caught many by surprise calling the practice “discriminatory” against dual citizens and a money grab, and is expected to create havoc as travellers with dual Canadian citizenships may find out only at the last minute when trying to board on a flight…
Why I’m taking OAS right at 65 (www.moneysense.ca) – During the “Victory Lap” stage of life between full-time employment and traditional “no-nothing” retirement, a key strategy is deciding when to commence receipt of various streams of income. This commonly occurs in one’s 60s. As you move from a salaried single stream of income to the “multiple streams” of income inherent in post-corporate portfolio careers, certain considerations may cause you to commence receipt of certain streams while postponing others…
Come back next week for more interesting news and articles. Enjoy your weekend!
