Can You Work While Collecting CPP and OAS? The Truth for Canadians

"If I keep working, will the government cut my CPP or OAS?" It's one of the most common worries I hear — and the good news is: in Canada, there is NO earnings limit. You can work as much as you like and keep collecting. Most of the fear comes from U.S. videos about Social Security's "earnings test" — which simply doesn't apply here. In this video I clear up the confusion — in plain English, with 2026 figures: NO EARNINGS LIMIT on CPP or OAS — work as much as you want, no benefits withheld THE BONUS: working while on CPP earns you the Post-Retirement Benefit (more money for life) THE ONE CATCH — the OAS clawback (it's about TOTAL income over ~$95,300, not a work penalty) THE REAL EXCEPTION — the GIS, which IS reduced by working income (but the first $5,000 is exempt) Smart moves: delaying OAS if you're high-income, and CPP sharing for couples The bottom line? For most Canadians, you should feel completely free to keep working AND collecting at the same time. ⏱️ CHAPTERS: 00:00 — The big worry (and where it comes from) 01:00 — Why people think there's a limit (the U.S. myth) 02:30 — CPP: no penalty + the Post-Retirement Benefit 04:00 — OAS & the clawback (NOT an earnings limit) 06:00 — Delaying OAS if you're still working 07:00 — The GIS exception you need to know 08:30 — CPP sharing for couples 09:30 — The bottom line 💡 KEY TAKEAWAY: There is no earnings penalty for working while collecting CPP or OAS. The only watch-points are the OAS clawback (high TOTAL income) and the GIS (reduced by working income if you're a low-income senior — first $5,000 exempt). Everyone else: work freely. 📌 Mentioned: no CPP/OAS earnings limit, the Post-Retirement Benefit (PRB), CPP contributions (mandatory under 65, optional 65–70), the OAS recovery tax / clawback (~$95,300 in 2026), OAS deferral (0.6%/month, +36% at 70), the GIS income test and $5,000 employment-income exemption, and CPP sharing. ⚠️ This video is general information only — not financial advice. Rules and thresholds change, and your situation may differ. Confirm with Service Canada, the CRA, or a qualified advisor. 👇 Are you planning to work while collecting CPP or OAS? Did you think there was an earnings limit? Tell me below — I read every comment, and the most common questions become future videos. 🔔 Subscribe for plain-English money and retirement tips made for Canadians. 👍 If this helped, give it a like and share it with someone who's still working into retirement. #CPP #OAS #CanadianRetirement