As of July 11, 2025, the Canada Revenue Agency (CRA) has issued the first advance payment of the new benefit year for the Canada Workers Benefit (CWB). This month’s payment could reach as high as $1,238.99, depending on a recipient’s income, province of residence, and disability status. The Canada Workers Benefit is one of the … Read more
As the cost of living continues to climb, the Canadian government is stepping up support for families through the Canada family benefit 2025. The CRA’s new initiative includes a generous $445 monthly payment per child to eligible households. This tax-free payout is part of the broader push to reduce child poverty and help parents keep … Read more
For decades, age 65 was considered the finish line for working Canadians—the moment you’d start receiving government benefits and enjoy your golden years. But things are changing fast. With longer life expectancy, rising living costs, and evolving pension policies, the idea of a fixed retirement age is no longer a given. If you’re planning to … Read more
The news of a potential $4,000 bonus for CPP and OAS recipients in 2025 has sparked excitement among seniors and soon-to-be retirees across Canada. While it’s not officially confirmed yet, the idea of a one-time financial boost has many wondering: Who qualifies? How do you get it? And what should you do next? In this … Read more
If you’ve seen headlines about a $2,500 CRA payment, you might assume there’s a new government cheque coming your way. The reality is more layered—but potentially more rewarding for your long-term financial strategy. This guide explores what the $2,500 figure actually represents, who qualifies, and how Canadians—particularly seniors—can maximize their monthly income through existing government … Read more
Canada continues to recognize the vital role caregivers play in supporting individuals with disabilities, medical conditions, and age-related challenges. The 2025 updates to the Canada Caregiver Benefit Program make it one of the most generous and immigration-friendly caregiver programs in the world. With benefits that include monthly payments, tax relief, and a clear pathway to … Read more
Canada has confirmed a $2,200 direct deposit for seniors, people with disabilities, and low-income residents. This one-time, non-taxable payment is meant to help with the rising cost of living and will be sent automatically on October 29, 2025, for those already receiving government benefits like OAS, GIS, or CPP-D. If you’re not on one of … Read more
This non-taxable payment is part of the government’s commitment to reduce poverty and boost financial independence for working-age adults with disabilities. With the first payments just months away, it’s vital to understand who qualifies, how to apply, and what steps you need to take now to secure this benefit. A Major Milestone for Disability Support … Read more
From July 2025, millions of Canadian seniors will receive larger monthly retirement payments thanks to cost-of-living adjustments tied to inflation. The federal government has confirmed increases to the Canada Pension Plan (CPP), Old Age Security (OAS), and Guaranteed Income Supplement (GIS), providing much-needed financial support to retirees during a time of rising living costs. These … Read more
As energy prices continue to rise across Canada, financial relief is on the way for millions of households. The Canada Revenue Agency (CRA) has confirmed that a $500 Climate Action Incentive Rebate (CAIR) will be paid out in October 2025, offering direct, tax-free support to residents impacted by higher fuel and home heating costs. This … Read more