AFM202 Lecture Notes - Lecture 9: Student Loans In Canada, Canada Pension Plan, Old Age Security

• School: University of Waterloo
• Department: Accounting & Financial Management
• Course: AFM202
• Professor: Alan Mc Naughton

Document Summary

Ben parker (born december 1, 1945) and his wife, may (born march 1, 1948), want your help. Ben and may both recently retired and live in waterloo, ontario. Ben and may live with their son, peter (born january 1, 1980), who is autistic (i. e. , has a mental disability). Peter has medical costs of ,000 per year for a part-time attendant (paid on january 1 for the year) and ,500 for an arthritis drug prescribed by his doctor (paid aaa drugs on march. He also had cosmetic surgery of ,000 (paid on april 1) to remove some facial wrinkles. May 1 he paid for special cough syrup recommended by his pharmacist. Peter"s only income is eligible dividends (t5 issued by true bank investments, box 25, ,500) and a salary for making appearances in a superhero costume in local comic book stores (t4 from heroes unlimited, box.