Sophie Wilson

The Assured Income for the Severely Handicapped (AISH) program provides financial assistance and support services to individuals with permanent disabilities in Alberta. If you or someone you know may qualify for AISH, this article outlines the application process for 2024, eligibility criteria, required documentation, and tips for a successful application. What is AISH? AISH is Continue reading

Alberta offers various financial assistance programs aimed at helping individuals and families meet their basic needs. The main provincial benefits include the Alberta Seniors Benefit, Assured Income for the Severely Handicapped (AISH), Income Support, and Child and Family Benefits. Each of these programs has its own payment schedule, which helps recipients plan their finances throughout Continue reading

As 2024 approaches, Canadians receiving the Old Age Security (OAS) pension can look forward to an increase in their payments. The federal government adjusts OAS payments quarterly to keep pace with inflation, ensuring that seniors maintain their purchasing power as the cost of living rises. In this article, we’ll provide detailed information on the OAS Continue reading

The Canada Pension Plan (CPP) survivor benefit is vital financial support for families who have lost a loved one, ensuring that surviving spouses and children receive monthly payments. For 2024, there are adjustments to the CPP survivor benefit to account for inflation, helping recipients manage their financial needs in a changing economic landscape. Here’s a Continue reading

In a significant move to support the Canadian economy, the Bank of Canada has announced a 3.75% cut to its key interest rate in 2024. This unexpected rate cut is aimed at stimulating growth and addressing economic challenges, but it has wide-reaching effects on everything from mortgages to consumer loans. In this article, we’ll break Continue reading

On October 22, 2024, the Immigration, Refugees, and Citizenship Canada (IRCC) issued 400 Invitations to Apply (ITAs) to Canadian Experience Class (CEC) candidates in the latest Express Entry draw. This draw is a major opportunity for skilled workers already in Canada to secure permanent residency (PR) through a faster, streamlined process. Key Details of the Continue reading

Learn about the CPP and OAS Cost of Living Adjustment for 2024, including its impact and calculation. Discover how these adjustments affect your benefits and what you can expect in the coming year. Stay informed on the latest updates to plan your finances effectively. Understanding the COLA The Cost of Living Adjustment (COLA) is an Continue reading

Learn about the CPP and EI maximum 2024 contributions, including the latest rates and limits. Discover how these changes impact your payroll deductions and overall benefits. Stay updated to ensure accurate financial planning and compliance with Canadian regulations. Canada Pension Plan (CPP) Maximum Contributions Important: Starting in 2024, there’s a second tier of CPP contributions Continue reading

The Canada Pension Plan (CPP) is a crucial part of retirement planning for many Canadians. While the standard age to begin receiving CPP is 65, you can choose to start as early as 60 or delay until 70. Deciding when to start collecting your CPP benefits involves weighing several factors, including your financial needs, health, Continue reading

The Canada Pension Plan (CPP) is a key source of retirement income for Canadians, and each year, the government adjusts CPP benefits to reflect changes in the cost of living. With 2024 approaching, it’s important for Canadian seniors and contributors to understand the details of the upcoming CPP benefit increase, how it impacts monthly payments, Continue reading