Why is Canada more expensive than us?

Canada is a much smaller country than the US and one side-effect of that is that there is less competition amongst retailers for most goods. Less competition leads to higher prices.

Why is Canadian Healthcare important?

Canada’s universal, publicly funded health-care system—known as Medicare—is a source of national pride, and a model of universal health coverage. It provides relatively equitable access to physician and hospital services through 13 provincial and territorial tax-funded public insurance plans.

How does Canada’s health care system compare to the US?

If you’re looking for a comparison between the US and Canada, you can consider Canada’s system to be extremely similar to the US Medicare system. Canadian universal care doesn’t cover everything, however.

Is the Canada Pension Plan better than social security?

The CPP pays less, but is more solvent than Social Security. The Canada Pension Plan and the U.S. Social Security system have a lot in common. Both are publicly provided, mandatory old-age pension systems that can provide disability and survivor benefits in addition to retirement assistance.

Do you have to pay Social Security taxes in Canada?

If you are covered under U.S. Social Security, you and your employer (if you are an employee) must pay U.S. Social Security taxes. If you are covered under the Canadian system, you and your employer (if you are an employee) must pay Canadian Social Security taxes (contributions).

What are the benefits of being a Canadian citizen?

Benefits from Canada — Canada provides retirement, disability and survivors benefits through two separate programs. Old-Age Security (OAS) Program — To get OAS benefits, you must be age 65 or older and must have been a resident of Canada for at least 10 years after age 18 (or 20 years after age 18 to have benefits paid outside Canada).