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A social insurance number (SIN) (French: numéro d'assurance sociale (NAS)) is a number issued in Canada to administer various government programs. The SIN was created in 1964 to serve as a client account number in the administration of the Canada Pension Plan and Canada's varied employment insurance programs.
Service Canada is the program operated by Employment and Social Development Canada to serve as a single-point of access for the Government of Canada's largest and most heavily used programs, such as the social insurance number, the Employment Insurance program, the Old Age Security program and the Canada Pension Plan. [1] Service Canada centres ...
The department delivers a number of federal government programs and services including Employment Insurance (EI), Service Canada centres, Canada Student Loan Program (CSLP), Canada Pension Plan (CPP), issuing social insurance numbers (SIN) and the federal Labour Program among other things.
Merged with Canada Life and London Life using the Canada Life name, under the ownership of Great-West Lifeco. Grey & Bruce Mutual Insurance Company 1878 2014 Merged into Howick Mutual. Halton Mutual Fire Insurance Company 1890 1968 Merged with the Puslinch Mutual and Eramosa Mutual to form Halwall Mutual. Halwell Mutual Insurance Company 1968 2024
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As noted in the 27th Actuarial Report on the Canada Pension Plan, if one uses the "closed group approach", the plan has an enormous unfunded liability. As of December 31, 2015, the CPP's unfunded liability was $884 billion, which is the difference between its liabilities ($1.169 trillion) and its assets ($285 billion).
Public services in Canada are delivered by various levels of government, determined through responsibility enacted in the Constitution. Financing for those services is provided through tax receipts, sales revenues, user fees, and other government revenue sources.