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Canadian seniors are set to receive a significant income boost as the federal government approves a combined increase of $4,000 under the Old Age Security (OAS) and Canada Pension Plan (CPP) programs. This measure, rolled out in response to rising inflation and mounting living expenses, will provide a $1,200 top-up under OAS and an estimated … Read more
In 2025, Canadian seniors are experiencing one of the most generous pension increases in recent years. Thanks to federal cost-of-living adjustments and continued enhancements to the Canada Pension Plan (CPP) and Old Age Security (OAS), retirees are seeing a meaningful rise in their monthly payments. This update comes as part of Canada’s broader commitment to … Read more
The Canada Revenue Agency (CRA) has confirmed an official one-time boost of $250 for each eligible Canadian, to be paid in August 2025. This payment furthers the program to assist Canadians as they try to get past higher costs of living, high inflation, and extra financial burdens in areas such as food, lodging, and transportation. … Read more
In 2025, Canadian retirees have a new reason to feel optimistic. Thanks to adjustments in federal benefits such as the Canada Pension Plan (CPP), Old Age Security (OAS), and the Guaranteed Income Supplement (GIS), many eligible seniors are now able to receive over $3,000 per month. This substantial support aims to ease the burden of … Read more
The Government of Canada has passed an act establishing the Disability Benefit, giving a monthly payment of $200 to eligible persons with disabilities. This long-day coming support aims to curb the poverty and finanacial hardship that working-age Canadians with disabilities experience. The provisions to disseminate the first round of payments are slated to take effect … Read more
The Canada Revenue Agency (CRA) has now confirmed that this payment will be given to eligible Canadian residents as a carbon tax rebate of $336 in 2025. The Climate Action Incentive Payment (CAIP), as this payment is called, helps consumer households meet the expenses induced by carbon pricing. With climate policy becoming top priority at … Read more
As a relief measure for low- and middle-income Canadians, the CRA has started remitting an amount of up to $1238 as a Canada Workers Benefit advance payment for July 2025. This fiscal support is thus intended to lighten the load of ever-increasing living costs and to see working individuals and families assisted in time. What … Read more
The Canada Revenue Agency has confirmed a major increase to retirement benefits payable under the Canada Pension Plan (CPP) in 2025. Eligible Canadians will be receiving a boost of up to \$2900 per year under the enhanced contribution and benefit plan, which is a gradual strengthening of the retirement income security for millions of working … Read more
The Canada Revenue Agency (CRA) has begun a special GST rebate distribution of up to $3000 for eligible Canadians. This input is part of the government support, designed to help households contend with inflation and higher living expenses in 2025. People are now checking their accounts to see if they are eligible for this generous … Read more
The Canada Revenue Agency has issued the 2025 schedule for the Goods and Services Tax/Harmonized Sales Tax (GST/HST) credit payments. This tax-free quarterly payment helps low- and moderate-income persons and families offset the amount of GST or HST they pay throughout the year. As concerns about living costs start rising in almost every part of … Read more