On 12 September 2014, officials from Canada and New Zealand signed a protocol to the 2012 income tax treaty between the two countries. In reference to Article 17 Pensions, the protocol stipulates that qualifying pensions paid by, or out of funds created by the New Zealand government or political subdivision will be taxable only in New Zealand.
The 2012 treaty is not yet in force, but when in force and effective will replace the 1980 tax treaty which currently applies.