In April 2025, significant updates to the Canada Pension Plan (CPP) will take effect, including new enhancements that could boost benefits for many Canadians. Headlines about $3,500, $1,600, and $1,100 monthly payments have been circulating, but how accurate are these claims? This article will clarify the reality behind these rumors, explain the CPP enhancements, and … Read more
Raising children is one of life’s most rewarding experiences, but it also brings its share of financial challenges. To help ease this burden, the Canadian government offers the Canada Child Benefit (CCB), a tax-free monthly payment aimed at assisting eligible parents and guardians with children under 18. For the 2024–2025 payment period, families can receive … Read more
The Canada Revenue Agency (CRA) has outlined new tax deferral measures to support businesses struggling with the impact of tariffs. The federal government announced these deferrals on March 21, which will help companies manage their financial challenges in the coming months. Here’s an in-depth look at what these changes entail. Tax Deferral Overview The Canadian … Read more
As we move into the final days of March, there are two remaining payment dates for Social Security Disability Insurance (SSDI). However, these payments will not include individuals who are currently receiving Supplemental Security Income (SSI). This is due to the separate payment schedules for SSI and SSDI recipients. SSI Payments Scheduled for April 1, … Read more
