Newspaper article The Canadian Press

A By-the-Numbers Look at Foreign Pensioners in Canada, and Payments Abroad

Newspaper article The Canadian Press

A By-the-Numbers Look at Foreign Pensioners in Canada, and Payments Abroad

Article excerpt

British pensioners in Canada by the numbers

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OTTAWA - British pensioners living in Canada are lobbying the Liberal government to make indexing their pensions to the cost of living a requirement for any future free trade deal with Britain -- an agreement that would have to be negotiated as a result of Brexit. Here's a by-the-numbers look at foreign pensions inside Canada, and payments abroad:

1.24 million: British pensioners living outside the U.K. and receiving benefits.

560,000: British pensioners living outside the U.K. in countries where their pensions are not indexed.

150,000: The number of those frozen pensioners living in Canada.

500 million: What the U.K. government estimates annual cost-of-living increases to those retirees with frozen pensions would cost in British pounds. …

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