Secondary Suite Forgivable Loan Program 2025: A Boost for Housing Solutions
The Secondary Suite Loan Program is set to undergo a significant upgrade in early 2025, doubling its loan limit from $40,000 to $80,000. This initiative […]
Can you Get Both OAS and GIS? A Complete Guide to OAS and GIS Benefits
For Canadian seniors, navigating the financial aspects of retirement is essential. Two key programs, the Old Age Security (OAS) and the Guaranteed Income Supplement (GIS), […]
Why did You Receive an Additional CPP Payment in 2025?
The Canada Pension Plan (CPP) has undergone significant changes in recent years, all aimed at increasing retirement income for working Canadians and their families. The […]
HOOPP Pension Increase 2025: How it Works & HealthCare Benefits
As a retired member of the HOOPP Pension Plan (Healthcare of Ontario Pension Plan), you can enjoy peace of mind knowing your pension will last […]
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 […]
OMERS Pension Increase 2025: What Retirees Need to Know
Inflation protection is a cornerstone of the OMERS (Ontario Municipal Employees Retirement System) pension plan, ensuring that retirement, disability, and survivor pensions maintain their value […]
Canada Carbon Rebate 2025: Increases, Amount & Payment Dates
The Canada Carbon Rebate (CCR), formerly known as the Climate Action Incentive Payment, is returning in 2025 to help Canadians offset rising costs associated with […]
Can Canadians receive up to $2400 from this New federal benefit?
The Canada Disability Benefit (CDB), a groundbreaking federal initiative designed to provide financial relief to low-income Canadians with disabilities, is set to roll out in […]
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 […]