What Expenses Can You Claim on Your Taxes in 2025?
Filing your income tax return doesn’t have to be complicated. Whether you use free certified tax software or prefer a printed tax package, being prepared […]
Finance
Should You Take Extra RRIF Withdrawals to Increase Your Assets
Registered Retirement Income Funds (RRIFs) are a common source of income for Canadian retirees. However, the question of how to manage withdrawals—especially with an eye […]
Ontario Minimum Wage Increase 2024: New Amount & Future Trends
The Canadian government has taken significant steps to enhance the living standards of its workforce through the establishment of minimum hourly pay. Beneficiaries living in […]
Canada GST Free Tax Holiday is Coming: Will the Savings Really Add Up?
The federal government’s GST tax holiday, set to begin on December 14, 2024, has sparked excitement among Canadians looking to save on essentials and gifts […]
Maximize Your Retirement: Qualify for Up to $1,072.93 in Guaranteed Income Supplement Benefits
The Guaranteed Income Supplement (GIS) is a lifeline for low-income Canadian seniors, offering up to $1,072.93 per month in 2024. This program works alongside the […]
Canada Announces Temporary GST/HST Holiday Exemption and $250 Working Canadians Rebate for 2025
The Canadian government has unveiled a series of measures to alleviate financial pressure on households, providing meaningful tax relief during the winter months and direct […]
How Much does a Surviving Spouse Get from OAS?
When a spouse or common-law partner passes away, understanding the financial implications of Old Age Security (OAS) and Canada Pension Plan (CPP) survivor benefits is […]
Can You Receive Both QPP and CPP ? Key to a Secure Retirement
As Canadians approach retirement, many are curious about the various pension programs available to them. Among the most prominent are the Canada Pension Plan (CPP) […]
QPP vs CPP: Which is more secure Retirement Option?
As Canadians approach retirement, understanding the various pension plans available is crucial for effective financial planning. Two of the most significant pension programs in Canada […]
CPP vs OAS & GIS: Which is Better for Canadian Retirees?
As Canadians approach retirement, understanding the different government benefits available is crucial for effective financial planning. The Canada Pension Plan (CPP), Old Age Security (OAS), […]