Financial recovery requires the right tools
The Ontario Pensions Act protects registered pension plans from regular creditors. That means if you owe money to a credit card company, payday lender, or other unsecured creditor, they cannot garnishee your pension directly.
Home / Blog / Debt, Savings & Retirement Question: A recent study confirmed that well over 80% of Canadians facing retirement have not saved enough to maintain the standard of living they expect. Many will spend what is supposed to be their “golden years” in relative poverty according to Statistics Canada figures
