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Yes, the CRA can take your pension if you owe tax debt. This is particularly easy for them to do if you’re receiving Canada Pension Plan (CPP) or Old Age Security (OAS) payments. However, they can obtain pension payments from other sources through a garnishment as well.
Mohamed Konate is a personal finance expert, blogger, and marketing consultant based out of Toronto. He is a former financial services professional who worked for many years at major Canadian financial institutions where he managed the marketing strategy around various financial products ranging from credit cards to lines of credit. Mohamed is passionate about personal finance and holds a Bachelor in Business Administration from the University of Quebec (Montreal) and a Master in International Business from the University of Sherbrooke (Quebec).He is also the author of the Canadian Credit Card Guidebook. Read his full author bio
