If you’re a Canadian retiree or nearing retirement, June 26, 2025, is a date to circle on your calendar. That’s when the Canada Pension Plan (CPP) will issue its next monthly payment, and for some …
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If you’re a Canadian retiree or nearing retirement, June 26, 2025, is a date to circle on your calendar. That’s when the Canada Pension Plan (CPP) will issue its next monthly payment, and for some …
Continue readingCanada is stepping up big in June 2025 with two powerful financial programs aimed at helping seniors and Canadians with disabilities live safer, more inclusive lives. Through the Multigenerational Home Renovation Tax Credit (MHRTC) and the Canada Disability Benefit (CDB), eligible individuals and households …
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 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 …
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