New EI Max Contribution Limit, Rates & Weekly Benefits Increase for 2025
The Employment Insurance (EI) program has announced an increase in the Maximum Insurable Earnings (MIE) for 2025. These changes, effective January 1, 2025, will impact […]
CCP2 Max Contribution Limit & Rates for 2024-2025: How it Works?
The Canada Pension Plan (CPP) enhancement, introduced on January 1, 2019, aims to provide greater financial security for Canadian workers and their families. By increasing […]
Canada Child Benefit Payment Dates 2025: Amount, Eligibility, and Updates
The Canada Child Benefit (CCB) is a tax-free monthly payment designed to help eligible families manage the costs of raising children under 18. Here’s a […]
Maximum CPP Contribution for 2025: Limits & Rates
The Canada Revenue Agency (CRA) has announced the CPP contribution rates and maximum pensionable earnings for 2025, which include increases to key thresholds and limits. […]
Ontario GAINS Program 2025: A Lifeline for Low-Income Seniors
Ontario’s Guaranteed Annual Income System (GAINS) is a vital provincial program designed to help low-income seniors maintain a basic standard of living. With tax-free monthly […]
Canada Carbon Rebate Payment Dates 2025: Eligibility and Key Updates
The Canada Carbon Rebate (CCR) provides direct payments to offset the costs associated with carbon pollution pricing. Formerly known as the Climate Action Incentive Payment […]
CRA Notice of Assessment: What It Means & How to Read?
A Notice of Assessment (NOA) is a document issued by the Canada Revenue Agency (CRA) after processing your tax return. It summarizes your income, deductions, […]
Canada Child Benefit Boost for 2025: How Much More Will You Receive?
The Canada Revenue Agency (CRA) has announced good news for families feeling the pinch of inflation: the Canada Child Benefit (CCB) is increasing in 2025. […]
Does Everyone Get the Ontario Trillium Benefit Tax Credit in 2025? Who Qualifies for it!
The Ontario Trillium Benefit (OTB) is a refundable tax credit designed to help Ontarians manage energy costs, sales tax, and property taxes. Combining three credits […]
CRA Announces December 2024 Benefit Payments Including CCB, OTB, CPP, and OAS
As December 2024 begins, the Canada Revenue Agency (CRA) has outlined its schedule and details for upcoming benefit payments, including the Canada Child Benefit (CCB), […]