How much does it cost to immigrate to Canada after retirement, including taxes and various insurances?

In order to protect the life of the elderly, the Canadian government has introduced various systems to ensure that the elderly have enough economic income to spend their old age after retirement. The federal pension plan is divided into three parts: basic pension allowance, income security allowance and spouse allowance. These allowances are allocated by the Canadian government from the total annual national tax revenue.

Basic old-age allowance: it is a monthly allowance for elderly people over 65 who meet the conditions of Canadian residents. Old people who are eligible for this allowance must apply for it themselves before they can receive it.

Income security subsidy: it is paid to the elderly who have almost no other income except the above-mentioned basic old age allowance, so as to maintain their total income at a certain level.

Spouse allowance: this is an allowance for the spouse, widower or widow of the pensioner. Together with the basic pension allowance and income security allowance, it constitutes the federal pension plan.

Medical insurance:

Canada has one of the best health insurance systems in the world. Most communities have good hospitals, clinics or doctors' offices. All Canadian residents, citizens and permanent residents can usually get free services after registering for Canada's national health insurance plan. Medical insurance is paid directly by the state from taxes to hospitals and doctors.

There is one doctor for every 520 people. The government's annual expenditure on health care is 52 billion Canadian dollars, and the per capita medical allowance is 1.800 Canadian dollars. Every province in Canada has a taxpayer-funded medical insurance plan to provide cheap and high-quality medical care services. After obtaining the health care plan, you will get a provincial health care card with an identification number.