Canadian Milestones by Age

Knowing your exact age matters for more than just birthday parties. In Canada, several key milestones and benefits are tied to specific ages:

• Age 16 — Eligible for a driver's licence in most provinces
• Age 18 — Legal voting age, eligible to open a TFSA, legal drinking age in AB, MB, QC
• Age 19 — Legal drinking age in all other provinces
• Age 30 — Last year for International Experience Canada (IEC) working holiday visa in most countries
• Age 60 — Earliest you can take reduced CPP retirement pension
• Age 65 — Eligible for Old Age Security (OAS) and full CPP
• Age 71 — Must convert RRSP to RRIF by December 31
• Age 75 — Eligible for increased OAS (+10% top-up)