As the cost of living continues to rise, many Canadian seniors are aiming to secure at least $2,500 per month in retirement income. While there’s no automatic $2,500 government pension, combining Canada Pension Plan (CPP), Old Age Security (OAS), and other supplemental …
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Ontario residents are celebrating a welcome surprise today — the Ontario Trillium Benefit (OTB) has officially been sent with a notable increase in 2025 payment amounts. Aimed at helping low- to moderate-income households manage essential expenses such as rent, energy …
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As you approach retirement or are already in your senior years, it’s crucial to stay updated on changes to Old Age Security (OAS) to maintain your financial stability. For Canadian seniors, the OAS payment amounts …
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Starting July 2025, the Canada Revenue Agency (CRA) is increasing the Child Disability Benefit (CDB) by $2,000 annually, offering more financial support to families raising children with disabilities. This permanent increase will be distributed monthly …
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With inflation putting significant pressure on Canadian households, the Government of Canada has launched a one-time $1,000 Grocery Rebate for eligible low- and moderate-income residents. This tax-free payment is designed to offset the rising cost of essential items and will be automatically distributed in July …
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Great news for low-income Canadian seniors! The Guaranteed Income Supplement (GIS) is getting a major update in July 2025, with qualified recipients set to receive a monthly payment of $1,395.73. This tax-free benefit, designed to help seniors who need financial support, …
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As inflation continues to impact households nationwide, Canada’s $179 GST/HST Credit for July 2025 provides much-needed financial relief to low- and modest-income residents. Administered by the Canada Revenue Agency (CRA), this non-taxable quarterly payment supports …
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The Canada Revenue Agency (CRA) has officially announced the continuation of its $695/week Caregiving Benefits under the Employment Insurance (EI) framework for July 2025. This support program is designed to help individuals who are temporarily away from work to provide care for a …
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This week, the Canada Workers Benefit (CWB) payment is being disbursed to eligible Canadians, with a significant difference in the amount depending on where you live. The July 2025 advanced CWB payment comes with increased …
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Families in British Columbia can now benefit from a confirmed financial boost with the BC Family Benefit Canada 2025, offering consistent and dependable support. The Canada Revenue Agency (CRA) has officially announced that starting July …
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