In a major relief effort for families across the country, the Canada Revenue Agency (CRA) has officially approved a $445 monthly Canada Family Benefit, effective January 1, 2025. This new family benefit aims to ease the burden of rising living costs, offering targeted financial support to families raising children under 18 years old. Designed much like the Canada Child Benefit (CCB), Continue reading
$1,428 Canada Workers Benefit (CWB) Confirmed For 2025 – Check Eligibility & Payout Dates Now
Amidst rising inflation and economic uncertainty, the Canada Revenue Agency (CRA) has officially confirmed the enhanced Canada Workers Benefit (CWB) for 2025. Low-income workers can now receive up to $1,428 per quarter, totaling $5,712 annually through automatic quarterly payments. This tax-free support is a major lifeline for millions of working Canadians struggling to manage basic Continue reading
Canada Retirement Overhaul 2025- OAS And CPP Age Changes That Could Reshape Your Future
As Canada faces a rapidly aging population, major changes to the Old Age Security (OAS) and Canada Pension Plan (CPP) systems are arriving in 2025. These reforms aim to modernize retirement income options by offering incentives for Canadians to delay retirement beyond age 65—a move driven by longer lifespans, shifting labor patterns, and increasing fiscal pressure on pension programs. This Canada Continue reading
$3,500 OAS Boost For Seniors in 2025 – Who Qualifies and When Will It Arrive?
As inflation continues to put pressure on seniors across Canada, recent talk of a $3,500 one-time Old Age Security (OAS) payment in 2025 has sparked curiosity and confusion. With the rising costs of food, rent, and healthcare, many retirees are wondering: Is this payment real, and how can I claim it? This article outlines everything Continue reading
$200 Monthly Canada Disability Benefit Begins In July 2025 – Check Eligibility, Payment Schedule & Application
Starting July 2025, eligible Canadians will begin receiving the newly confirmed $200 Monthly Canada Disability Benefit (CDB). This initiative is part of the federal government’s broader Disability Inclusion Action Plan, which aims to provide consistent support to low-income adults living with disabilities. This monthly payment is tax-free, designed to help alleviate poverty and enhance independence among over 600,000 Canadians expected to Continue reading
$2,500 CPP Boost Coming This November – See If You Qualify And When To Expect Payment
Good news is on the way for Canadian seniors. The federal government has confirmed a $2,500 Canada Pension Plan (CPP) boost, scheduled for direct deposit in November 2025. This one-time, non-taxable payment aims to provide financial relief to older Canadians grappling with rising living costs, inflation, and healthcare expenses. Delivered automatically via the Canada Revenue Agency (CRA), this support package targets low- and Continue reading
Extra GST Cash Alert For July 30 – Check If You’re Eligible To Receive It
This July 2025, the Canada Revenue Agency (CRA) is delivering an extra one-time GST/HST payment, scheduled for July 30, for eligible low- and modest‑income Canadians. This boost offers meaningful help alongside the regular quarterly GST/HST credit. What Is the July Extra GST Cash Payment? This is not part of the usual quarterly GST/HST credit, which is issued four times a year. It’s Continue reading
CRA Confirms $3,000 Retirement Benefit In July – Who’s Eligible And When You’ll Get Paid
As the cost of living rises, Canadian seniors are set to receive up to $3,000 in monthly retirement support beginning in July 2025, thanks to enhancements across the Canada Pension Plan (CPP), Old Age Security (OAS), and the Guaranteed Income Supplement (GIS). These benefits, administered by the Canada Revenue Agency (CRA) and Service Canada, provide Continue reading
CRA Confirms $430 One-Time Rent Relief Payment In December 2025 – Check Eligibility And Payment Dates
Thousands of Canadian renters will receive much-needed financial support this December, as the Canada Revenue Agency (CRA) launches the $430 Rent Relief Canada December 2025 initiative. This one-time, tax-free payment aims to assist low- and moderate-income households struggling with rising rental costs ahead of the winter season. Here’s everything you need to know about the payment—who qualifies, how to apply, when it will Continue reading
Worried About CRA? 3 Warning Signs Every OAS Pensioner Shouldn’t Ignore
Retirees relying on Old Age Security (OAS) face increasing scrutiny from the Canada Revenue Agency (CRA). To preserve your full OAS benefit and avoid unexpected clawbacks, it’s crucial to watch for three key financial red flags. Discover how careful tax planning and the right dividend stocks held in a TFSA—such as Brookfield Asset Management (BAM)—can help safeguard your income. Red Flag #1: Continue reading