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
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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
Canada Carbon Rebate 2025- CRA Confirms Up To $1,344 Payout – Check Eligibility & Payment Dates
As energy prices climb, the Canada Revenue Agency (CRA) is offering a timely financial cushion through the Canada Carbon Rebate (CCR). Formerly known as the Climate Action Incentive Payment (CAIP), this quarterly, tax-free benefit is designed to ease the financial burden of carbon pricing, especially for Canadians in rural areas who face higher heating and fuel costs. What Is the Canada Continue reading
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
Canada Confirms $2,500 Monthly Government Support – Find Out If You Qualify Today
In 2025, many Canadians are hearing buzz about a $2,500 monthly benefit from the Canada Revenue Agency (CRA). But what’s the truth behind this figure? Contrary to viral headlines, the $2,500 is not a one-time payment—instead, it represents the combined value of multiple monthly federal programs available to eligible citizens. This article breaks down the Continue reading
CRA Confirms $5,712 Canada Workers Benefit For 2025 – Eligibility, Payment Dates & Key Details
The Canada Revenue Agency (CRA) has confirmed that eligible low- and moderate-income workers in Canada could receive up to $5,712 in Canada Workers Benefit (CWB) payments during the 2025 tax year. Designed to encourage workforce participation and ease financial burdens, the Canada Workers Benefit is a refundable tax credit that can be claimed annually or through advance quarterly payments. With the rising cost Continue reading
$1,000 Grocery Assistance Approved for Canadians – Eligibility Requirements and Payment Schedule Explained
As grocery prices continue to surge, the Government of Canada has introduced a one-time tax-free Grocery Relief payment to assist families and individuals facing rising food costs. This initiative will provide up to $1,000 in financial support in July 2025, offering targeted aid to low- and middle-income households. Understanding the Grocery Relief Payment The Grocery 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