If you’re working and earning a modest income in Canada, you may be eligible for a $2,739 Canada Workers Benefit (CWB) in 2025. This refundable tax credit is designed to support low-income individuals and families, offering much-needed relief in a challenging economy. Let’s break down who qualifies, how much you could receive, when payments are made, and how to claim your … Read more
Canada’s federal government recognizes the financial challenges retirees face, especially with rising living costs and inflation. To support Canadian retirees in maintaining their living standards, the Canada Revenue Agency (CRA) has announced an increase in the Canada Pension Plan (CPP) payments for April 2025. This adjustment aims to provide financial relief and help retirees manage … Read more
The Canadian government has made notable changes to the Canada Pension Plan (CPP) that could benefit millions of seniors across the country. A recent claim circulating suggests that some seniors might receive an additional $750 or $800 in CPP payments in March 2025. While no official confirmation exists regarding these exact amounts, CPP enhancements have … Read more
In response to the ongoing rise in living costs and to ensure financial stability for seniors, the Canada Revenue Agency (CRA) has announced an increase in payments for CPP, OAS, and GIS starting in April 2025. These benefit adjustments reflect the government’s commitment to supporting retirees through regular increases based on inflation and the Consumer … Read more
In 2025, a significant class action settlement was reached involving Yahoo! Inc. and Yahoo! Canada Co., addressing data breaches that occurred between 2013 and 2016. These breaches affected many Canadian users, including those of Rogers Communications. Now, eligible users can claim their share of the settlement funds. Background of the Data Breaches Between 2013 and 2016, Yahoo experienced multiple … Read more
The Old Age Security (OAS) pension plays a vital role in supporting Canadian seniors financially. Recently, a claim has circulated about a $1,576 per month increase in OAS payments, set to begin in March 2025. However, it’s important to address that this is a misunderstanding, and the Government of Canada has not confirmed such an … Read more
Canadian seniors relying on government assistance through the Canada Pension Plan (CPP) and Old Age Security (OAS) can anticipate their March 2025 payments arriving this week. Understanding the payment schedules, eligibility criteria, and benefit amounts is essential for effective financial planning. Payment Dates for March 2025 The scheduled payment dates for March 2025 are as … Read more
On Thursday, March 27, Canadians will see increased payments in their accounts, with Canada Pension Plan (CPP) and Old Age Security (OAS) benefits being disbursed. Overview of CPP and OAS Canada Pension Plan (CPP) is a retirement pension paid out monthly. It is a taxable benefit designed to help replace part of your income once … Read more
The Canada Carbon Rebate (CCR), previously known as the Climate Action Incentive Payment (CAIP), is a federal program designed to ease the financial impact of carbon pricing for households across Canada. For 2025, the government has announced notable updates, including a proposed $500 increase in the annual rebate. Below, you’ll find everything you need to … Read more
The Canada Pension Plan (CPP) serves as a cornerstone of financial support for Canadian retirees, providing monthly income based on contributions made during their working years. Recent discussions have highlighted potential extra deposits of $782 and $758 scheduled for March 2025. This article delves into these enhancements, eligibility criteria, and what beneficiaries can expect. Overview … Read more