Foreign Plan

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Foreign Plan

A retirement plan created by a person in Canada intended to benefit someone who does not live in Canada. The creator of the retirement plan may also be the beneficiary if he/she intends to retire outside Canada, or the beneficiary may be someone different. Foreign plans are known for the complexities they create on Canadian tax returns.
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References in classic literature ?
Fairlie (emulating the magnificent condescension of the monarch who had picked up Titian's brush for him) had instructed his butler to consult my wishes in relation to the wine that I might prefer after dinner, I was resolute enough to resist the temptation of sitting in solitary grandeur among bottles of my own choosing, and sensible enough to ask the ladies' permission to leave the table with them habitually, on the civilised foreign plan, during the period of my residence at Limmeridge House.
However, when he had swallowed his cup of coffee--which he always took, on the foreign plan, some hours before he ate any breakfast--his brains brightened; the clear-headed side of him turned up, and he took the matter in hand, resolutely and cleverly, much as follows:
qualified pension plans, the footnotes may also include figures for the companies' nonqualified and foreign plans, both of which are often unfunded or subject to different funding standards from those for U.
The program is generally open to small businesses with plans covering a 100 percent owner or the partners in a business partnership, and the owner's or partner's spouse (but no other participants), and certain foreign plans.
The fear of pushing the peace process towards a settlement existed before the Annan plan with thousands of newspaper articles warning over the years of foreign plans for the 'speedy closing of the Cyprus problem'.
Addressing an Arab Parliament session held here, Al-Jarwan said: "Internal conflicts and disputes and heinous terrorist operations only serve foreign plans aiming to disrupt security and impede growth, development and prosperity.
He came across the negative foreign policies have faced Bahrain which has had aborted the foreign plans targeted dividing the region and changing its identity, and favoring interests over the joint principles and values.
It described the killers as "traitors" who sold their country to fulfil foreign plans.
Afghan spy agencies should also conduct similar operations to foil foreign plans for destabilising the country, he suggested.
It is likely that this episode of prime ministerial upheaval will stand in the way of foreign plans to intervene in Mali, since Western diplomats have said that stability in Bamako was a necessary precondition for any military intervention in the north, where terrorist training and humanitarian crises continue to unfold.
BEIRUT,(SANA) -- The Maronite Patriarch Beshara al-Rai underlined that there are foreign plans in various Arab countries, the tools of which are some of the homeland's people, hoping that people of the region would read what is going on well in order not to be tools that damage their homeland.

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