Retirees 3 Major Updates to CPP and OAS You Need to Know for 2025
As a new year begins, Canadians can expect significant updates to Federal Government programs, including changes to the Canada Pension Plan (CPP) and Old Age […]
Finance
B.C.’s $1,000 Grocery Rebates Face Possible Cuts in Efficiency Review
B.C. Premier David Eby announced Thursday that the promised $1,000 rebate cheque, a central and costly pledge from the fall provincial election, might be reconsidered […]
Canadian Dollar Drops to Multi-Year Lows
The Canadian Dollar (CAD) has taken a hit, plunging to familiar multi-year lows last seen during the pandemic. This drop has pushed USD/CAD above the […]
CRA Inflation Relief Payment: $1200 Extra OAS Deposit for Canadian Senior Citizens
In response to rising inflation, the Canadian government has introduced additional support for senior citizens through a $1,200 extra Old Age Security (OAS) payment. This […]
Canada’s 2025 Tax Updates New Brackets, CPP Contribution Changes, and More
As we enter 2025, there are several updates to federal policies that could influence Canadians’ financial planning. While some adjustments are routine, others may require […]
Are CPP Contribution Limit Going up in 2025? Key Updates to Maximize Your Retirement Savings
The Canada Revenue Agency (CRA) has announced significant changes to the Canada Pension Plan (CPP) for 2025, aimed at enhancing retirement benefits for Canadians. With […]
Government Benefits Coming in January 2025 Ontario Trillium Benefit, Canada Child Benefit, CPP, ODSP, and More
January 2025 is a busy month for benefit payments in Canada. Here’s a breakdown of what to expect and when the money should arrive in […]
CRA Update 2025 Sees an Increase in the Basic Personal Amount!
The Canada Revenue Agency (CRA) has announced a game-changing update for 2025: no federal taxes on the first $16,129 of income! This increase in the […]
Freeland to Scrap Promised $250 Cheques for Working Canadians in Monday’s Mini-Budget
If you were among the nearly 19 million working Canadians expecting a $250 cheque from the Liberal government in the new year, it’s time to […]
Canada Revenue Agency $928 Payment 2025: Eligibility & Dates
The Canada Revenue Agency (CRA) plays a vital role in administering benefits and programs designed to support Canadians. Among these, the $928 payment has gained […]