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
Canada
$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
$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
CRA Announces $1,200 Housing Payment In October – See If You’re Eligible
With rent prices climbing across Canadian cities, the federal government has officially confirmed the $1,200 CRA Housing Top-Up to be issued in October 2025. Administered by the Canada Revenue Agency (CRA), this one-time, tax-free payment will provide relief to low-income renters struggling with housing affordability. If you’re spending a large portion of your income on 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
Unlock $2,000+ In Tax Relief – How To Automatically Claim Quarterly GST/HST Payments
In Canada, paying taxes on goods and services is part of everyday life. Whether it’s groceries, transportation, or personal care, consumers are routinely charged GST (Goods and Services Tax) or HST (Harmonized Sales Tax). To help ease this burden for low- and moderate-income households, the federal government offers a GST/HST Credit—a quarterly, tax-free payment that puts money back in Continue reading
First Monthly Newfoundland and Labrador Disability Benefit Payment Set to Be Issued Today
Starting July 25, the Newfoundland and Labrador Disability Benefit will officially roll out its first monthly payment to eligible recipients. The Canada Revenue Agency (CRA) is managing this benefit on behalf of the Provincial Government, ensuring efficient delivery. If you require support or have questions about your payment, you can reach the CRA at 1-800-387-1193. Continue reading