The Canada Pension Plan (CPP), Old Age Security (OAS), and Veteran Disability Pension payments are scheduled for release this week. Additionally, Ontario Disability Support Program (ODSP) payments will be available on the last day of March. Here’s a detailed breakdown of when each payment will be issued: Payment Dates for March 2025 If you’re entitled … Read more
The Canada Revenue Agency (CRA) administers Employment Insurance (EI) Maternity and Parental Benefits to support Canadians who are expecting or have recently welcomed a new child. These benefits provide financial assistance during a pivotal time, allowing parents to take leave from work to care for their newborn or newly adopted children. Eligibility Criteria To qualify … Read more
Your retirement savings play a vital role in securing your financial future, serving as the main source of income once you stop working. However, the Canada Revenue Agency (CRA) can take a substantial portion of your savings through taxes, forcing you to delay retirement or live on a tighter budget. While many people carefully plan … Read more
In 2025, a variety of government programs managed by the Canada Revenue Agency (CRA) will provide Canadians with an estimated total of $4,100 in direct payments. This isn’t a single lump sum, but a combination of multiple federal benefits aimed at assisting seniors, low-income workers, and families with children. The amount reflects the total from … Read more
In March 2025, Canadian seniors can anticipate a significant financial boost through direct deposit payments from the Canada Revenue Agency (CRA). These payments combine the Old Age Security (OAS) pension with supplementary benefits such as the Guaranteed Income Supplement (GIS), Allowance, and Allowance for the Survivor. Depending on individual circumstances, eligible seniors may receive payments … Read more
If you are a resident of Canada and looking to stay up-to-date on your government benefits, this guide will help you track the upcoming Canada benefits payment dates in April 2025, understand new payment amounts, and confirm eligibility criteria. Whether you’re receiving Canada Pension Plan (CPP), Old Age Security (OAS), Canada Child Benefit (CCB), or … Read more
In 2025, the Canadian government is providing an additional GST & HST payment to offer much-needed financial relief to low- and middle-income households. As part of the initiative to ease the burden of rising living costs, the Canada Revenue Agency (CRA) will be issuing the extra payments to eligible individuals and families. This extra GST/HST … Read more
The Canada Revenue Agency (CRA) is expected to introduce a $3,100 Old Age Security (OAS) pension bonus in 2025, aiming to provide financial relief to Canadian seniors amid rising living costs. While official confirmation is pending, this potential enhancement has generated significant interest among retirees and those planning their post-retirement finances. Understanding the OAS Pension … Read more
Canada’s tax system is undergoing major reforms starting 2025, affecting both individuals and businesses. Key changes include an increase in capital gains tax, higher alternative minimum tax (AMT), a new Digital Services Tax (DST), and hikes in Canada Pension Plan (CPP) contributions. Additionally, GST/HST exemptions for certain goods will be available for a limited time. … Read more
The Canada Revenue Agency (CRA) offers Maternity and Parental Benefits to support parents during the critical early stages of child-rearing. In 2025, these benefits have been structured to provide financial assistance to eligible individuals who are away from work due to pregnancy, childbirth, or the care of a newborn or newly adopted child. Types of … Read more
