Planning for retirement in Canada is more essential than ever, and 2025 brings important updates to the country’s pension programs. Canadians now benefit from enhancements to the Canada Pension Plan (CPP) and other supplemental supports …
Starting June 2025, the Canada Revenue Agency (CRA) will implement new pension increases for both the Canada Pension Plan (CPP) and the Old Age Security (OAS) programs. These increases aim to address rising living costs …
The Canada Workers Benefit (CWB) is a refundable tax credit designed to help low-income working individuals and families. It aims to reduce poverty, encourage workforce participation, and provide financial assistance to those who need it the most. In 2025, eligible workers …
Starting June 5, 2025, eligible Canadian seniors receiving the Canada Pension Plan (CPP) will see an annual increase of $1,570, translating to about $130.83 per month. This automatic enhancement reflects the government’s continued effort to …
As 2025 unfolds, Canadian retirees and eligible recipients of the Canada Pension Plan (CPP) are receiving their much-anticipated CPP cheques. While many beneficiaries now opt for direct deposit, thousands still receive paper CPP cheques through the mail each month. Knowing how to properly cash …
As June 2025 moves forward, millions of Canadians are set to receive federal and provincial benefits designed to ease financial stress. From retirement income and child support to disability pensions and provincial tax credits, these payments reflect inflation updates and evolving economic conditions. Knowing the Canada benefit …
A significant financial support program for Canadians with disabilities is set to commence this summer. The Canada Disability Benefit (CDB), a long-anticipated federal initiative, is designed to provide monthly financial assistance to low-income, working-age adults with disabilities. …
To help Canadians manage rising costs, the Canada Revenue Agency (CRA) is providing an extra GST credit payment in June 2025. This tax-free payment is part of the Goods and Services Tax (GST)/Harmonized Sales Tax …
Canadian households grappling with rising living costs are set to receive timely support from the Canada Revenue Agency (CRA). In a recent announcement, the CRA confirmed a $1,350 one-time payment scheduled for September 2025, aimed at helping low- and moderate-income families manage growing …
Several government benefit programs—both federal and provincial—are disbursing funds throughout June 2025 to eligible Canadians. Whether you receive Old Age Security (OAS), the Canada Child Benefit (CCB), or support from the Ontario Disability Support Program …
