As is well known, Canada boasts world-class education, a stable social environment, a diverse cultural atmosphere, and comprehensive social benefits. It has been crowned the "country with the highest quality of life in the world" for three consecutive years and has been rated by the United Nations as the "best country to live in the world" for many years. Because of this, Canada has become a popular destination for international students and immigrants. So, what exactly are Canada's benefits?
Employment Insurance
If a Canadian resident (hereinafter referring to Canadian permanent residents and citizens) has worked continuously for half a year in a year and cannot continue working due to unemployment, illness, childbirth, or adoption, they can obtain temporary income through the national Employment Insurance program, which provides regular subsidies for a certain period to alleviate the impact caused by unemployment.
The amount of subsidy an applicant receives depends on the length of their employment, their salary, and the local unemployment rate. Applications for subsidies must be made at a Canada Employment Centre, which is the agency that handles Social Insurance Numbers.
Medical Insurance
Every province in Canada has a medical insurance plan that provides affordable and high-quality medical services. The Canadian government allocates approximately 4.8 billion Canadian dollars annually to implement healthcare benefits.
The insurance plan covers various medical services, consultation fees, hospitalization, and surgery costs, but does not include prescription drug costs. If your family doctor determines that you need to be hospitalized or even undergo surgery, all costs, regardless of the size of the surgery, are covered by the medical insurance plan.
During hospitalization, patients do not have to pay a single cent for meals, medication, etc. For seniors over 65 and those receiving social assistance, most prescription drugs are provided free of charge.
Social Assistance
Social assistance is a cornerstone of Canada's welfare system, designed to ensure a basic standard of living for every Canadian resident. Canadian residents who have no income and have less than 1,000 Canadian dollars in bank savings can apply for this benefit.
Single individuals can receive 500-700 Canadian dollars per month, and a family of three can receive about 1,100-1,300 Canadian dollars per month, which is enough to maintain a low standard of living.
New immigrants are generally not eligible for this benefit within the first six months of landing in Canada, so they need a sum of funds after landing to maintain their living for six months.
Old Age Pension
The legal retirement age in Canada is 65. Regardless of their assets or income, Canadian residents who have lived in Canada for more than ten years are eligible to participate in the "Old Age Security Programs".
Starting from January 2018, eligible seniors will receive a notification letter informing them that they have been automatically enrolled in the Old Age Security (OAS) and the Guaranteed Income Supplement (GIS). Once eligible seniors reach the age of 65, they do not need to apply and will automatically receive payments from the government. The first payment is made one month after their 65th birthday.
In fact, the old age pension is similar to the minimum living security allowance in China. The amount of the pension depends on the length of the applicant's residence in Canada and is issued monthly by the federal government.
Canada Child Benefit (Milk Money)
In Canada, every child from birth to age 18 can receive a monthly Canada Child Benefit, the amount of which is determined by the parents' income from the previous year. The purpose of this subsidy is to help low-income families and to encourage people to have more children. Recently, the Canadian federal government announced that starting from July 20, 2018, the Canada Child Benefit would be increased, which has brought joy to many Canadian families.
Canada Pension Plan
Except for the province of Quebec, all provinces in Canada implement the Canada Pension Plan. The Canada Pension Plan is a public insurance program. Canadian residents contribute a certain amount of pension contributions from their monthly income, and they can receive subsidies through this plan after retirement or in the event of a long-term physical disability.
Pension payments are taxable and can be received by the applicant anywhere in the world. The province of Quebec has its own plan, called the "Quebec Pension Plan".
As everyone knows, Canada's high welfare and relaxed immigration policies have long made it one of the most popular immigration destinations today. Especially in November 2017, the Canadian federal immigration department released a major benefit: it will accept nearly 1 million new immigrants over the next three years. It can be said that a golden age for immigrating to Canada has begun.
Therefore, for those who intend to immigrate to Canada, it is essential to act early, as seizing the quota is urgent.
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