To help seniors cope with rising living costs, the Canada Revenue Agency (CRA) has announced a $1,200 tax-free bonus for eligible low- and moderate-income seniors. This one-time payment is part of the federal government’s continued efforts to support vulnerable populations dealing with the …
Canadian seniors received welcome news this summer: a 1.0% increase in Old Age Security (OAS) payments has been officially applied as of July 2025, with payments hitting bank accounts starting June 29. This quarterly adjustment, driven by inflation and …
As grocery prices continue to climb, the Canada Revenue Agency (CRA) has officially confirmed that eligible households will receive a one-time $628 grocery rebate in May 2025. This tax-free payment is aimed at helping low- …
The Canada Workers Benefit (CWB) is a refundable tax credit designed to support low-income individuals and families who are actively employed. In 2025, eligible single workers can receive up to $1,518, while families may qualify for up to $2,616 through …
For Canadian parents relying on the Canada Child Benefit (CCB) to support their household finances, timely tax filing is more than just a good habit—it’s a necessity. Failing to submit your return by the due …
Canada is taking a major step in supporting its citizens with disabilities through the official launch of the Canada Disability Benefit (CDB) in July 2025. This new federal program is aimed at helping low-income working-age Canadians with disabilities by offering …
As of May 2025, the Canadian Dental Care Plan (CDCP) is officially live, offering free or subsidized dental coverage for millions of Canadians. The goal of this landmark program is to ensure that all eligible …
In 2025, Canada’s Carbon Rebate—officially known as the Canada Carbon Rebate (CCR)—is expected to provide a $500 boost to eligible individuals and families. This enhancement is designed to offset the rising costs associated with the …
Millions of Canadians are gearing up to receive their GST/HST Credit in July 2025, a tax-free financial relief from the government to help ease the burden of rising living costs. The Canada Revenue Agency (CRA) is set to distribute the third quarterly installment of this …
The Old Age Security (OAS) program is a cornerstone of Canada’s retirement income system, providing monthly payments to eligible seniors. In May 2025, OAS payments are scheduled to be disbursed, with some recipients receiving up to $1,280 when combined …
