Quote from: Thiel on Today at 01:22:46 PMPussycat, remember what I told you this morning after you performed oral on me about posting misleading YouTube videos.

First of all Sweetie, it's Costa Rica that has the highest poverty rate among OECD countries, not South Korea. Anyway, if you look at South Korea's poverty rate it is skewed by so many poor seniors since they were the last rich country to implement a mandatory pension plan.

Canada on the other hand is the opposite. Most of the poverty occurring among much younger ages. Did you know Canada has the fastest growing poverty rate among OECD nations? Did you know that Sugarplum?

Did you also know that one quarter of Canadians live in poverty and that number has been rising every year for year? Did you know that too Honeybuns?

Canada also has one of the lowest GDP growth rates among OECD nations which is quickly growing Canada's army of poor people.

We're Getting Poorer
https://www.fraserinstitute.org/studies/were-getting-poorer-gdp-per-capita-in-canada-and-oecd-2002-2060

One in four people living in poverty according to international metrics and not the false ones Ottawa uses.
https://www.youtube.com/watch?v=5MdmjnwgNPQ

So, be grateful productive citizens like Mr DKG are staying. Too many of Canada's productive citizens are fleeing.

Unlike old poor as fuck Joe, I have been all over the world and that includes South Korea. They aint got anything close to the tent cities hunger and poverty that we got in this country.
Damn, we are falling fast.

Quote from: Biggie Smiles on Today at 02:04:30 PMI love the way JOEJ tries to deny thiel every time that thiel discloses that he is in a sexual relationship with JOEJ

JOEJ do you get embarrassed when thiel discusses your sexuality JOEJ 

Old Joe should be Goddamn thankful any fella would fuck his sorry broke ass.

Quote from: formosan on Today at 11:15:46 AMMy children are young adults starting out in life....I want them to do better and my future grandchildren to do better than them......I am having serious doubts this will be possible in the Canada of the future.

...in which case I think the best strategy is to have a 2nd passport formosanF Fashionista.

I think it's at least somewhat true that your children and future generations ought not rely upon one income stream or even nationality/passport for their livelihoods. They may have to move around a bit.

The world's a fast changing place where mobility has become an asset.

If you have dual citizenship, particularly with tier one nations, you or your children can use that in their favor.

I would stop short of renouncing Canadian citizenship, and finding ways to ADD on to, not SUBTRACT from what I already have. Adding a passport to an existing one could be a bonus.

There's a guy on YT who often talks about this sort of thing, Andrew Henderson.

He has this channel called the Nomad Capitalist, where he find ways to obtain passports in other countries, set up shop, businesses or residence there.


I don't always agree with him, but he offers tidbits of advice which potentially may be helpful to viewers.

As you say, Canada may no longer be an all-in-one solution. But then again, very few countries are.

Sure there may be some tier 1 nations that provide their citizens with everything with top medical, cradle to the grave benefits, stable economy/society, but those are in the distinct minority these days. They are getting far and few between. So I figger if a person can find better somewhere else, but KEEP what they already have, that's ideal.

I love the way JOEJ tries to deny thiel every time that thiel discloses that he is in a sexual relationship with JOEJ

JOEJ do you get embarrassed when thiel discusses your sexuality JOEJ 

Quote from: JOE on July 13, 2025, 10:12:59 PMSouth Korea has the highest Senior Poverty rate in the OECD DKG DKG

Be grateful to your aging parents that they left SK so you could have a  better life in Canada DKG.

You owe so much to this country.

Pussycat, remember what I told you this morning after you performed oral on me about posting misleading YouTube videos.

First of all Sweetie, it's Costa Rica that has the highest poverty rate among OECD countries, not South Korea. Anyway, if you look at South Korea's poverty rate it is skewed by so many poor seniors since they were the last rich country to implement a mandatory pension plan.

Canada on the other hand is the opposite. Most of the poverty occurring among much younger ages. Did you know Canada has the fastest growing poverty rate among OECD nations? Did you know that Sugarplum?

Did you also know that one quarter of Canadians live in poverty and that number has been rising every year for year? Did you know that too Honeybuns?

Canada also has one of the lowest GDP growth rates among OECD nations which is quickly growing Canada's army of poor people.

We're Getting Poorer
https://www.fraserinstitute.org/studies/were-getting-poorer-gdp-per-capita-in-canada-and-oecd-2002-2060

One in four people living in poverty according to international metrics and not the false ones Ottawa uses.
https://www.youtube.com/watch?v=5MdmjnwgNPQ

So, be grateful productive citizens like Mr DKG are staying. Too many of Canada's productive citizens are fleeing.

Quote from: DKG on Today at 09:59:08 AMThe tragedy is that the people that are leaving are highly productive people like yourself. We are falling so far behind the US. Our future is going to be very bleak unless the Liberal Party returns to what it was in the 1990's.

My children are young adults starting out in life....I want them to do better and my future grandchildren to do better than them......I am having serious doubts this will be possible in the Canada of the future.

Quote from: Shen Li on Today at 01:33:54 AMSo many working age Canadians can see the writing on the wall and they are leaving Canada before the bottom falls out under their feet.
https://www.youtube.com/watch?v=Jo2WwoRA31Y

The tragedy is that the people that are leaving are highly productive people like yourself. We are falling so far behind the US. Our future is going to be very bleak unless the Liberal Party returns to what it was in the 1990's.

Quote from: Shen Li on Today at 01:00:00 AMIt must be nice being kept like that. Unfortunately I have to work and save/invest. it just will not be in Canada ever again. Good riddance to failing state.

Shen Li Shen, I could see the advantage of having Permanent Residency in Singapore.

But I don't hate Canada enough like you do to renounce my citizenship.

If I left Canada for Singapore, I'd just get PR status since it doesn't allow dual citizenship.

In that regard, a 2nd Passport in Europe would be the best option in imho.

A Singapore passport certainly has its merits, but at the same time it seems limited.

Just from my own pov, I don't think a Singapore passport QUITE has enough benefits to renounce citizenship from a tier 1 nation like Canada.

Heck even the United States allows dual citizenship. So if a person could swing it to have a passport from either country & have another passport of equal value that'd be ideal.

If it was offered to me, Singapore citizenship might interest me were in not for having to renounce another one. If Singapore offered dual, then that would seal the deal.

So many working age Canadians can see the writing on the wall and they are leaving Canada before the bottom falls out under their feet.
https://www.youtube.com/watch?v=Jo2WwoRA31Y

QuoteWhile OAS has rules regarding residency and GIS is only for people in Canada, CPP belongs to the people who pay into it. It cannot be taken away and their are no restrictions on residency.

That's what my accountant in Canada told us before we left. She said it's our money and it can't be taken away. It's not affected by Canadian status.

Quote from: Thiel on July 13, 2025, 01:19:13 PMMY honeybunch Jo Jo doesn't need to worry whether he gets a pittance from the Canadian government. I am the bread winner and I will make sure he gets an  allowance to buy enough gold chocolate coins to trade with his friends at the senior's day center.

It must be nice being kept like that. Unfortunately I have to work and save/invest. it just will not be in Canada ever again. Good riddance to failing state.

Quote from: DKG on July 13, 2025, 10:05:07 AMYes, I think I can guess who the nosy person is.

I have only known anybody who renounced Canadian citizenship. But, I have clients who live abroad. While OAS has rules regarding residency and GIS is only for people in Canada, CPP belongs to the people who pay into it. It cannot be taken away and their are no restrictions on residency.

But, like you said it is a terrible return considering what we are are forced to pay into it. I plan to retire and live in Florida in about five years. If I collect CPP at age sixty five my projected earnings are less than $900 a month. What a joke.

South Korea has the highest Senior Poverty rate in the OECD DKG DKG


Be grateful to your aging parents that they left SK so you could have a  better life in Canada DKG.

You owe so much to this country.

Quote from: Brent on July 13, 2025, 11:47:50 AMOnly old broke Joe will trade a dysfunctional nation for a measly $1000 per month in retirement benefits. How pathetic is that.

MY honeybunch Jo Jo doesn't need to worry whether he gets a pittance from the Canadian government. I am the bread winner and I will make sure he gets an  allowance to buy enough gold chocolate coins to trade with his friends at the senior's day center.

Only old broke Joe will trade a dysfunctional nation for a measly $1000 per month in retirement benefits. How pathetic is that.

Quote from: Shen Li on July 13, 2025, 01:11:19 AMI've never seen such interest in my retirement income from people that know me let alone strangers on an obscure forum.

Since it is on the table and some of you are nosy as fuck, I will tell you what you want to know. Singapore's self-directed benefits are superior to Canada's. They are better for citizens than they are for permanent SG residents. I would lose some benefits, most importantly from my employer if I do not become a Singapore citizen.

I will get a private pension from Canada when I turn 55. That cannot be touched until then.

I only paid into CPP from the age of 23-39. I looked at the online calculator of what I would be eligible for at age 60 which is the earliest you can collect it, and it was low-like $370/month. And despite the post above, unlike OAS and GIS, citizenship status does not affect CPP. It's our money and it cannot be revoked. It can be paid out no matter where you live in the world regardless of your status in Canada. Not that I give a fuck, it's not going to support me when I'm old.

OAS you have to have lived in Canada for 20 years from the age of 18 to collect it if you live abroad. I never looked into how renouncing my Canadian citizenship affects because I don't care. It's only about $700/month. I will get more from my Singapore Provident Fund, my RRSP's which I can cash out tax free when I renounce my CDN citizenship and my private pension from Canada.

GIS you have to live in Canada and have a low income to collect it. It doesn't pay very much either but helps poor Canadians living in that third world dumpster buy an extra box or 2 of Kraft Dinner each week.

Enjoy your impoverished frozen hellhole.

Yes, I think I can guess who the nosy person is.

I have only known anybody who renounced Canadian citizenship. But, I have clients who live abroad. While OAS has rules regarding residency and GIS is only for people in Canada, CPP belongs to the people who pay into it. It cannot be taken away and their are no restrictions on residency.

But, like you said it is a terrible return considering what we are are forced to pay into it. I plan to retire and live in Florida in about five years. If I collect CPP at age sixty five my projected earnings are less than $900 a month. What a joke.