To address the rising cost of living and growing concerns about child poverty, the Government of Canada is launching a major new support initiative in 2025: the Canada Family Benefit (CFB). Administered by the Canada Revenue Agency (CRA), this benefit will provide $445 in monthly tax-free payments to eligible families with children under the age … Read more
For many senior citizens in the Philippines, the Social Security System (SSS) is a key source of income during retirement. Along with the regular monthly pension, many retirees receive an additional Cost of Living Allowance (COLA) to help counter the impact of inflation. With consumer prices on the rise, timely SSS payouts are essential to … Read more
In Canada, many retirees depend on the Canada Pension Plan (CPP) and Old Age Security (OAS) as their primary sources of income. For low-income seniors, however, an additional financial boost is often needed. This is where the Guaranteed Income Supplement (GIS) comes in — a monthly, non-taxable benefit provided to qualifying seniors who already receive … Read more
After witnessing a growing number of low-income individuals, disabled citizens, and senior residents struggle with skyrocketing inflation and basic living expenses, the Canada Revenue Agency (CRA) has announced a new initiative that could bring significant relief in 2025. The government has confirmed a one-time, tax-free payment of $2,200 for eligible Canadians, aiming to provide crucial … Read more
In response to growing inflation and the rising cost of living, the Canadian government is rumored to be preparing a $2,350 one-time Old Age Security (OAS) payment in July 2025. While the payment has not yet been officially confirmed, the Employment and Social Development Canada (ESDC) is expected to oversee the rollout if approved. The … Read more
In a major move aimed at tackling disability-related poverty, the federal government of Canada will roll out the Canada Disability Benefit (CDB) starting July 2025. This non-taxable benefit is part of the national Disability Inclusion Action Plan and will provide up to $2,400 annually to eligible working-age adults with disabilities. The program is administered by … Read more
The Government of Canada, in collaboration with the Canada Revenue Agency (CRA), has reaffirmed its commitment to supporting widows through the $3,555 Widow Pension Canada 2025—also known as the Survivor’s Pension Program. This initiative ensures that women who have lost their spouses receive financial assistance, offering both monthly pension payments and a lump sum death … Read more
With inflation soaring and basic living expenses hitting new highs, the Canada Revenue Agency (CRA) has officially confirmed that a $1,395.73 Guaranteed Income Supplement (GIS) payment will be deposited for eligible senior citizens on July 29, 2025. This tax-free monthly benefit offers much-needed support to low-income seniors struggling to afford essentials like housing, food, transportation, … Read more
In a bold move to help Canadians cope with inflation and growing living expenses, the Canada Revenue Agency (CRA) has confirmed a one-time $2,500 payment for eligible recipients of the Canada Pension Plan (CPP). This non-recurring direct deposit will be released between November 27 and November 30, 2025, offering significant relief to retirees navigating the … Read more
Amid rising inflation and escalating living expenses, the federal government of Canada has announced a major increase in monthly pension benefits for seniors. According to the Canada Revenue Agency (CRA), starting in 2025, eligible seniors could receive over $4,000 per month in combined benefits from Canada Pension Plan (CPP), Old Age Security (OAS), and Guaranteed … Read more