In 2025, Canada offers several survivor benefits to support individuals who have lost a spouse or common-law partner. These benefits aim to provide financial assistance during challenging times. This guide outlines the types of survivor Continue reading
Canada
CRA’s 2025 Pension Hike- Seniors To Receive Bigger Monthly Payments – Are You Eligible?
The Canada Revenue Agency (CRA) has proposed a new pension payment increase in 2025, aimed at supporting retirees facing rising living costs. The revised plan affects the Canada Pension Plan (CPP), Old Age Security (OAS), and Guaranteed Income Supplement (GIS), incorporating a 2.7% Continue reading
$500 Canada Housing Benefit Returns In May 2025 – See If You Qualify And How To Apply Today!
The Canada Housing Benefit is back for May 2025, offering a one-time, tax-free $500 payment to low-income renters who are struggling with rising housing costs. This direct financial relief is part of ongoing federal efforts to ease the burden of Continue reading
Extra GST Payment Coming In 2025 – How Much You’ll Get And Who’s Eligible In Canada
The Canadian government has announced an extra Goods and Services Tax (GST) payment in 2025 to provide relief for households affected by rising living expenses. This one-time financial boost is part of broader efforts to support low Continue reading
OAS 2025 Update- New Maximum Rates, Clawback Rules, and Limits Explained
The Old Age Security (OAS) Maximum 2025 rates have been officially released, bringing significant changes that affect millions of Canadians. Whether you’re preparing for retirement, helping elderly relatives, or working with clients as a financial Continue reading
Canada Disability Tax Credit 2025 – Key Eligibility Details And Tax Claim Timeline
For Canadians living with serious, prolonged disabilities, the CRA Disability Tax Credit (DTC) 2025 continues to provide important financial relief. Though non-refundable, this credit helps reduce the amount of income tax owed, offering meaningful savings Continue reading
Canada CRA Parental Benefits 2025- New Payment Rates, Eligibility, And Application Process For New Parents
If you’re expecting a baby or planning to grow your family in 2025, Canada CRA Parental Benefits offer vital financial support. These benefits help new parents manage the expenses of childbirth, adoption, and early child-rearing through structured Continue reading
$5,000 EV Rebate In Canada Is Back For 2025 – Who’s Eligible And How To Claim
If you’re planning to go electric in 2025, now is the perfect time. The $5,000 EV rebate is officially back in Canada for 2025, offering an excellent opportunity to reduce the cost of purchasing or leasing a zero-emission Continue reading