You are cheating if you have funds secured in another country and are
applying for welfare benefits designed for people who have nothing.
For the record, if you're in Toronto, a family might get around $1000
with welfare, your apartment rent will be more. Should you apply,
enjoy the three hour long interview as you are asked how you will pay
your bills with the money they give you. They recall applicants after
a short time to re-examine their finances to see if they have spent
more money than they received. You are only allowed to have a very
small amount of money in the bank on welfare, (less than one month's
welfare "income"), and your benefits are docked if you have cash
assets. I'm not sure how they're doing that right now, they have
gotten tougher. There are people in Canada with no income, job, or
resources who are not eligible for welfare, so I don't imagine you
will be either.
You are taking a $12,000 settlement fund with you into Canada, which
as another poster mentioned, lasts you for six months. If you get
welfare, you can't own anything but clothing and furniture (because
they consider the rest to be assets that can be turned into income).
If you end up with a good job, you will have to pay some of that money
back on your income tax. Further, welfare investigates the spending of
any savings greater than $500 in the year preceeding the application.
That means, the money I have in the bank, should I move it to make it
look "spent" so I can apply for welfare if I'm unemployed and my
benefits run out, they will want proof and receipts that that money
was spent, even if 11 months have passed (unless it's reasonable that
you could have spent the money constructively in that time period,
it's the call of the agent, you can't make assets disappear to get
welfare).
Another point I might note, for people who work under the table for
several months who get canned and want welfare, they are ineligible.
The first question is "how did you support yourself for the last four
months without a job?" If you admit to illegal work they will either
suggest you're still doing that while collecting welfare, or that you
can rat out your employer and get documentation for unemployment
benefits (which you pay into, and will be allowed to receive
regardless of how much money you have in the bank, if you're
eligible). So if you support yourself for six months and save your
money in cash, you won't suddenly be eligible when enough time has
passed, because you need to document a history of your income and
spending for welfare.
Welfare sucks big time, don't bother with it unless you're about to be
homeless.
S.
On May 2, 9:02 am, GMan wrote:
> Thank you all,
> I just want to Thank you all,
> I just want to emphasize that I'm not interested in cheating taxes. I
> just want to save some money if I can by keeping my savings here and
> not bringing all the money I have to Canada if I don't need it. I was
> searching just for advice how to manage my money better, not how to
> cheat.
>
> Regards
> =
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