Good news for Canadian retirees! The Canada Pension Plan (CPP) is getting a significant boost in 2025, with monthly retirement pensions now ranging from $816.52 to $1,364.60. Driven by the final phase of CPP enhancements and cost-of-living adjustments, this increase aims to provide stronger financial support for those approaching retirement or already living on the pension. Here’s everything you Continue reading
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CRA’s Surprise $3,000 GST Rebate – Are You One Of The Lucky Canadians?
In a bold move to help Canadians navigate the rising cost of living, the Canada Revenue Agency (CRA) has introduced a surprise $3,000 GST rebate. This enhanced Goods and Services Tax (GST)/Harmonized Sales Tax (HST) credit aims to provide much-needed financial relief to low- and moderate-income families and individuals across the country in 2025. What Is the $3,000 Continue reading
$500 Canada Climate Rebate Lands In October – Are You On The List?
The Canada Climate Rebate, also known as the Climate Action Incentive (CAI), is a tax-free quarterly payment distributed by the federal government. Its purpose is to return revenue collected from the federal carbon pricing system directly back to Canadians. The rebate ensures that households are compensated for increased fuel and heating costs resulting from the carbon tax. In October 2025, eligible Canadians Continue reading
Seniors Rejoice – July’s Old Age Security Comes With An Increase!
For millions of Canadians aged 65 and older, Old Age Security (OAS) is a vital source of retirement income. This July, there’s extra cause to celebrate: quarterly indexation has led to a boosted payment for the July–September 2025 period. Whether you’re a new recipient or have received OAS for years, now is the moment to stay informed and ensure you’re receiving Continue reading
Big CPP Boost! $2,900 Extra Payment Arrives August 2025 – Check If You’re On The List
Thousands of Canadian seniors and workers are set to benefit from a major Canada Pension Plan (CPP) boost in August 2025, with eligible individuals receiving up to $2,900 in additional payments annually. While this isn’t a one-time bonus, the monthly increase of about $240 for those who qualify could significantly enhance retirement income over the long term. If you’re wondering whether you’re eligible for Continue reading