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Today were going to talk about OAS which is the free money that every Canadian is entitled to receive in retirement and the reason why I did those stupid air quotes is because what it means to be Canadian as far as OAS is concerned actually matters so, old age security is a pension plan set up by the government that you dont have to pay into to receive you just have to be Canadian to receive it. So that means that as long as long as you lived in Canada for a portion of your life you will receive this but you never ever had to work a day in your life or pay taxes to receive this, because its generated from general revenues from the federal government as opposed to CPP which you and your employer contribute to and then you receive an amount sort of equal to how much you paid into it. Now there is a catch and that catch is that you have to have lived in Canada for at least 10 years after the age of 18 to receive any part of the benefit by the time you docHub 65 years old. In order to b
