TFSA Contribution Limit Rises for 2025: What You Need to Know
The Canada Revenue Agency (CRA) has confirmed that the Tax-Free Savings Account (TFSA) contribution limit will increase by $7,000 in 2025, mirroring the significant hike […]
Articles by Emma
Here’s Who Can Receive the Maximum CPP Pension in Canada
The Canada Pension Plan (CPP) is a cornerstone of retirement income for Canadians, but not everyone receives the maximum pension. Achieving the maximum payout requires […]
Smart Ways to Reduce or Avoid the OAS Clawback
The OAS clawback, officially known as the OAS Recovery Tax, reduces OAS payments for seniors with a net income above a specific threshold ($90,997 in […]
Can You Still Receive CPP While Living Outside Canada? Everything You Need to Know
Receiving CPP Outside Canada Yes, you can continue to receive your Canada Pension Plan (CPP) retirement pension even if you live outside Canada. To qualify […]
Plan Ahead: All Statutory Holidays in Canada for 2025
As we approach the end of the year, it’s the perfect time to start planning your time off in 2025. Whether you’re thinking of a […]
Canadian Tax Season 2025: Key Deadlines, Updates, and Tips to Maximize Your Refund!
Tax season can feel overwhelming, but being informed and prepared makes all the difference. The 2025 tax season brings new opportunities, deadlines, and strategies to […]
CRA Mileage Rates 2025: Everything You Need to Know for Business Driving and Tax Claims
CRA Mileage Rates 2025: Awaiting Updates The Canada Revenue Agency (CRA) mileage rates for 2025 have not been announced yet. Historically, the CRA releases these […]
Canada Pension Indexing Rate for 2025 Announced: What Retirees Need to Know
Effective January 1, 2025, the indexing rate for public service pension plan benefits in Canada has been set at 2.7%, ensuring that retirees’ pensions maintain […]
CPP Payment Schedule and Benefit Updates for 2025: Key Dates, Increases, and How to Maximize Your Payouts
The Canada Pension Plan (CPP) remains a cornerstone of retirement income for millions of Canadians, providing monthly payments to individuals who have contributed during their […]
OTB Payment Dates 2025: Amount and Key Details
The Ontario Trillium Benefit (OTB) provides combined financial relief through the Ontario Energy and Property Tax Credit, Northern Ontario Energy Credit, and Ontario Sales Tax […]