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Service Canada is in the process of mailing out 2021 CPP and OAS T4 slips. Pensioners should expect to receive their T4 slips by the end of February 2022. Please ensure your home/mailing address is up to date in your pension.
Normally, for residents of Canada, there is no tax deducted from payments of CPP retirement pension.
Your monthly Old Age Security ( OAS ) and Canada Pension Plan ( CPP ) or Quebec Pension Plan ( QPP ) pensions and benefits may be subject to a Canadian income tax called the "non-resident tax". The tax rate is 25% unless reduced or exempted by a tax treaty between Canada and your country of residence.
You can view and print copies of your T4E for Employment Insurance (EI) and your T4A/NR4 for Canada Pension Plan (CPP) and Old Age Security (OAS) in MSCA. To do so, register for MSCA and select Tax slips. This service gives you access to your tax slips for the current year and the past 6 years.