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Incoming “sexagenarians” in Canada or those turning 60 years old are delaying the Canada Pension Plan (CPP) pension until age 70. The primary reason is apparent – a big financial advantage.
If you take CPP at 60, you get 36% less than you’d get taking it at 65. If you take CPP at 70, you get 42% more than you’d get by taking it at 65.
The 65-acre village at the time had 20 buildings and a 4,300-foot-long train track. Sixty years on, the park has 183 buildings and is Canada’s largest collection of historic buildings.