Canadian Retirees Visa

John & Angela wrote:
I don't think the 8 month thing would do much for us. Although I can see spending 8 or 9 months on the road it wouldn't be all in the US. Lots of countries out there to see. I can see how some might be interested though, age group etc. It will be interesting to watch. I think health care costs could get nuts.

Health insurance, yes. You lose provincial plan after 7 months in a calendar year (subject to 2 years exemption once every 5 years). Then you will need a private plan for the US that doesn't require a valid provincial coverage, and for people over 65 those are either very expensive, or have very low coverage like 50K - a laughable amount for US hospitals. And you also need to pay for a private plan in-Canada when you return home and wait 3 months to re-activate the provincial plan.

You also lose your GIS pension after uninterrupted 6 months out of Canada.

Some people will probably benefit from this new "retiree visa", not sure how many.