The Canada Pension Plan (CPP) is a government-managed program designed to provide income security during …
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The Canada Pension Plan (CPP) is a government-managed program designed to provide income security during …
Continue readingIn 2025, retirees in Canada are in for a welcome increase in their monthly pension benefits. The rise in the Canada Pension Plan (CPP) and Old Age Security (OAS) pensions will make a significant difference to retirees who are …
Continue readingWith the cost of living on the rise, the Canada Child Benefit (CCB) continues to be a lifeline for families across the country. As of July 2024 to June 2025, the maximum monthly payment for children under 6 has increased …
Continue readingThe GST/HST Credit returns in July 2025, offering essential financial relief to low- and modest-income Canadians. This non-taxable, income-tested benefit is paid quarterly by the CRA, and this year’s update includes a new maximum payment of $349 for individuals. Let’s dive into eligibility, payment amounts, schedule, …
Continue readingAs of July 2025, the Canadian government has confirmed the continuation of the $500 housing benefit to support low- and moderate-income renters across the country. Administered by the Canada Revenue Agency (CRA), this one-time payment …
Continue readingIn response to rising living costs, the Government of Canada has introduced a significant increase in CRA benefits starting July 2025. As inflation continues to affect essential services and goods, the Canada Revenue Agency (CRA) is adjusting payments to support …
Continue readingIf you’re a Canadian retiree or planning to retire soon, you’ve likely heard about the Canada Pension Plan (CPP) payment, set to reach up to $1,433 on June 28, 2025. Whether you’re already receiving benefits …
Continue readingThe Canadian government has confirmed an increase in the Canada Child Benefit (CCB) starting in July 2025. This adjustment, which is tied to the current inflation rates and rising cost-of-living, ensures that families receive adequate …
Continue readingLosing a spouse or common-law partner is tough—finances included. The Allowance for the Survivor helps low-income Canadians aged 60–64 bridge the gap until they reach full Old Age Security (OAS) at 65. From April to June 2025, eligible recipients can …
Continue readingAs Canadians continue to navigate rising living costs, the Canada Revenue Agency (CRA) has officially confirmed the 2025 GST/HST Credit details. This tax-free quarterly payment offers crucial support to low- and modest-income individuals and families, …
Continue readingAs a senior in Canada, navigating through the complexities of retirement benefits can be overwhelming. The good news is, if you’re preparing for retirement or already receiving public pension benefits, you could be eligible for …
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